Bloomberg Wall Street Week - May 5th, 2023
Wall Street Week
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The Cost of Getting a College Degree
An entire generation is now saddled with unsustainable debt in exchange for an attempt at least at a college degree. Speaker McCarthy's new budget proposal would cut back on Pell Grants, which provide financial aid to the most needy. The Department of Education shared how the Speaker's bill would remove up to 60,000 teachers from classrooms. And if all that weren't enough, the COVID pandemic hit college students particularly hard.
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