While the federal government continues marathon economic sessions in Washington over the current economic crisis, there are concerns about future funding for government programs. The Bush administration recently warned Congress that $6 billion more would be needed next year to keep up with demands placed on the Pell Grant program — the largest student aid program of the U.S.
Before the current economic crisis, the Pell Grant program was already weakened by yearly grant increases that did not match the rapidly growing tuition rates across the country.
Now, the possibility of less funding may weaken the program more than ever.