Wasteful Payments in Pell Grants Quadruple

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.

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