Thursday, February 01, 2007

Pell Increase?

Secretary of Education Margaret Spellings has announced that President Bush will request a signficant increase in the Pell grants for the FY08 budget, according to the Chronicle of Higher Education's special report. The 14% increase will raise the grant to $550. As the story mentions, no one is talking about where this money will come from, but the federal budget will be released February 8. We may even know before then as more details of the budget become available over the next week.

While it is all political at this point, with one party trying to trump the other, what is obvious is that the Commission on the Future of Higher Education's Report is having an effect. Both Congress and the President have moved on the affordability issue by asking for an increase in the Pell grant. The Department of Education has been pushing for change on accountability and accreditation that the accrediting groups are taking seriously.

Where does this lead? We will have to see. After all, this is the political year of posturing before the political year of campaigning.


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