"Although the pandemic-induced recession and ensuing period of high unemployment may have hurt students' job prospects, there were no differences in employment or earnings between students offered and not offered a Pell Grant in the fourth quarter of 2021, when the job market had largely recovered."
"The cost of expanding Pell Grant eligibility-about $1,800 per student in this study-should be considered against the evidence on the economic benefits of short and very short-term programs."
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