Federal Pell Grant Waste QUADRUPLED Last Year

[Geee]

Daily Caller:

The amount of improper Pell Grant payments by the federal government more than quadrupled in the past year, wasting more than $2 billion taxpayer dollars, a new report reveals.

 

The 2016 fiscal year report by the Department of Education breaks down the department’s spending in a variety of areas, including the distribution of Pell Grants, the primary form of federal financial aid to low-income college students.

 

The report touted that the government had substantially expanded overall Pell awards compared to when President Barack Obama took office. But buried near the end of the report was a notable admission: The number of improper payments exploded between the 2015 and 2016 fiscal years.