After weeks of back-and-forth political jockeying over President Obama’s proposed economic stimulus package, Congress settled on a compromise bill that offers expanded federal grants and tax benefits to college students, along with funding for states to restore education budget cuts and for research institutions to expand their development. Overall, the final stimulus bill will deliver between [...]

For college students, who would have hoped for the Democrat-controlled government to aim stimulus money at making college more affordable, there is disappointingly little in the enormous package to get excited about. Less than four percent of the $787 billion economic relief effort will be spent on college students, in the form of expanded Pell Grants, Federal Work Study and increased tax credits for education spending.