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Jennifer L. Steele, Professor of Education, American University

Trump isn’t cutting Pell Grants, after all − but other changes could complicate financial aid for some students

Amid a complicated federal financial aid system, Pell Grants are the largest source of federal support for university students. iStock/Getty Images Plus

As an education researcher who has studied the economic returns of higher education, I know that college degrees remain cost-effective investments for most students.

But college tuition has risen at roughly twice the rate of inflation during the past two decades, and federal student debt climbed 500% to US$1.6 trillion during that same period.

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