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New at Reason: Michael C. Moynihan on the Coming Pell Grant Entitlement

While America debates the merits of the Troubled Asset Relief Program, the nationalization of General Motors, and how to fix a broken health care system, the Obama administration has been quietly planning a massive expansion of the Pell Grant program, "making it an entitlement akin to Medicare and Social Security." Michael C. Moynihan wonders if, as we spiral deeper into recession and debt, our dear leaders in Washington should reconsidering the creation of a massive entitlement akin to the expensive, inefficient, and failing Medicare and Social Security programs.

Read all about it here.

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