CORRECTION — Due to a reporting error, a previous version of this story misstated how much money is invested in higher education. The $80 billion of state money cited is for all state and local spending across the country on higher education. Pell Grants are funded entirely by federal dollars, which the previous version of the story did not make clear. The $175 billion in federal money is for all student aid, not just for Pell Grants. The Daily Tar Heel apologizes for the errors.
As U.S. Congress prepares to renew the Higher Education Act, the UNC system wants more accountability when it comes to campuses’ Pell Grant graduation rates.
The most recent reauthorization of the Higher Education Act passed in 2008. It requires universities to disclose the graduation rates of students with Pell Grants, Stafford Loans and students with neither forms of aid on their websites or to the U.S. Department of Education upon request. The act must be reauthorized every five years, and this Congress is currently holding hearings.
The most recent pell numbers
of UNC-CH Pell recipients graduated in 6 years
is the systemwide 6-year graduation rate
federal dollars for all student aid
Kimrey Rhinehardt, vice president for federal relations for the UNC system, said the system is advocating for mandatory reports to the Department of Education on Pell Grant graduation rates.
The current requirements lead to universities avoiding reporting graduation rates, said Richard Vedder, director of the Center for College Affordability and Productivity.