Pell Grants (US federal grants for low-income college students) are shown to increase first-time students’ degree completion and subsequent earnings. This increases tax revenue, recouping all funds in only 10 years. This is evidence that "financial aid likely pays for itself several times over."

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Pell Grants (US federal grants for low-income college students) are shown to increase first-time students’ degree completion and subsequent earnings. This increases tax revenue, recouping all funds in only 10 years. This is evidence that "financial aid likely pays for itself several times over."