Late last week, Congress agreed to spend an additional $4 billion over the next two years on programs to improve college completion rates.
How should these resources be used?
In a recent Hamilton Project paper, I propose a program that would increase per-pupil spending at public postsecondary universities through a federal matching grant. Providing federal matching grants directly to institutions to spend on core instruction and academic support services would increase college completion rates and help close the income gap in postsecondary attainment.
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