Biden's American Families Plan Would Provide Hundreds of Billions in Funding for Higher Ed

President Joe Biden released his American Families Plan legislative proposal this morning. The proposal, coming just before the close of Biden's first 100 days in office, would provide billions of dollars' worth of funding for higher education.

Inside Higher Education has posted a summary of the key higher education provisions of the American Families Plan, which includes more than $100 billion for tuition-free community college, raising the maximum Pell Grant award by $1400, more than $60 billion for student success programs at community colleges and other institutions that serve a large number of low-income students, funding for two years' worth of tuition-free four-year college at Minority-Serving Institutions (MSIs) for students with a family income under $125,000, hundreds of millions of dollars for teacher preparation programs at MSIs and special education teacher preparation programs, and funding in the amount of $8000 scholarships for students who want to become teachers.

Read the White House's fact sheet regarding American Families Plan here.