March 17, 2017
Stephen Burd was quoted by MarketWatch regarding the uncertain future of Pell Grants under the budget proposal submitted by President Trump:
The budget also appears to target a student aid program that benefits a lot of low-income students. Based on what we know from the proposal, the future of the Pell Grant is a bit uncertain, though the budget doesn’t immediately eliminate any funding for it, said Stephen Burd, a senior policy analyst at New America, Washington, D.C.-based think tank.
“This might make it look like the administration is more generous than it’s going to be,” Burd said.