"The Biden Administration officially rolled out its $1.8 trillion American Families Plan on Wednesday, unveiling 'transformational' initiatives designed to help both higher education institutions and students," University Business reports. 

..."'President Biden is championing an investment that acknowledges postsecondary education is a critical component of our economic recovery and competitiveness,' said Justin Draeger, president of the National Association of Student Financial Aid Administrators. 'We welcome the proposed down payment on doubling the Pell Grant. This movement is long overdue. We’ll be putting all of our effort into working with the administration and Congress to iron out details and make these proposed new investments a reality.'"

NASFAA's "Notable Headlines" section highlights media coverage of financial aid to help members stay up to date with the latest news. Articles included under the notable headlines section are not written by NASFAA, but rather by external sources. Inclusion in Today's News does not imply endorsement of the material or guarantee the accuracy of information presented.

Publication Date: 4/28/2021