Dive Brief:
- President Barack Obama's proposed 2015 budget would raise the maximum Pell Grant by $100 and provide billions of dollars in educational incentive grants.
- The plan asks for $7 billion over 10 years for schools that demonstrate good graduation rates for Pell Grant recipients, and billions more to encourage states to keep funding higher education and to base that funding on performance.
- The budget also requests $6 billion for job training at community colleges.
Dive Insight:
Congress is unlikely to go wild over proposals for new spending, but there may be hope for changing how spending is allocated — with performance-based incentives, for example. The plan to encourage states to fund higher education comes amid news that they are slipping in that regard.