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Assault on Pell Grants has serious implications
July 13, 2012
Cutting Pell Grants can only create an ever-increasing pool of college dropouts, leading to a reduction in the number of college graduates and increased budget deficits. According to the American Institutes for Research, college dropouts cost both our economy and themselves a minimum of $4.5 billion in lost income taxes and personal earnings every year. Yet, even knowing all this, Democrats and Republicans have raided Pell-Grant funding, the most useful tool in our toolkit for helping those without the means acquire higher education.
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