Huge chunk of federal financial aid goes to negative return-on-investment degrees
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(THE COLLEGE FIX) -- One in three federal financial aid dollars goes to programs that have a negative return on investment, according to a recent report.
At the same time, Senate Democrats are hoping to boost spending on higher education during the latest budget battle.
“Around a third of federal Pell Grant and student loan funding pays for programs that do not provide students with a return on investment,” Preston Cooper wrote in a Foundation for Research on Equal Opportunity report. He provided further comments to The College Fix via email.