Pell Grant Program Will Fall $18 Billion Short
Washington
The Pell Grant program for needy college students is facing a massive shortfall as the country's bleak job market drives people back to school.
An administration official told The Associated Press the program will cost $18 billion more than Congress and the White House had anticipated over the next three years. The official, who was not authorized to speak publicly about the budget, spoke on condition of anonymity.
"The administration is working with Congress to fill the gap, and we are committed to making sure the U.S. has an educated work force able to fill the jobs of the 21st century," said the official, who is not authorized to speak...
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