It, along with some assistance for veterans, is the closest program to an educationalvoucher, probably the best way to dispense financial assistance for higher education.
FORBES: For Whom the Pell Tolls
2.
Voucher systems are hated by educational bureaucrats (and by some non-bureaucrats who fear that the use of vouchers leaves sink schools behind), but the evidence from places like Milwaukee suggests that a pilot scheme is worth a try in New York.