Pell grants

Universtiy of North Carolina at Charlotte campus
Wade Bruton / UNCC

Since the recession, endowments at public and private colleges and universities have bounced back to the tune of more than a half trillion dollars. But that hasn’t stopped increases in tuition at most schools, to the chagrin of some congressional leaders and others who accuse schools of hoarding endowment funds.

Ken Lund/http://bit.ly/NsAEZ0 / Flickr

Central Piedmont Community College students will no longer have access to direct federal loans next school year. CPCC’s board made the decision because of worries high default rates could force the federal government to pull grants. Many community colleges have made the same decision.