We expanded the 529 savings accounts to allow more parents to be able to set aside funding for private education if they choose to do that, and put that in their 529 so it could grow tax free. We invested more into Pell Grants and expanded the growth of Pell Grants. Now you may say, why does that matter for K12? Well, Pell grants have been really targeted towards institution that do what's called terminal degrees. (04:27–04:32)
CLAIM
Asserts that there was increased investment and expansion in Pell Grants.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.