Summary: Charles B. Reed, chancellor of the California State University system, wants the federal government to provide direct aid to four-year colleges based on the number of students they enroll who are eligible for Pell Grants or who are from underrepresented minority groups. He says that such a program, which he estimates would cost $12-billion to $14-billion, would help institutions meet President Obamaâs goal for the United States to have the worldâs highest proportion of college graduates by 2020. It would do so by covering some costs of remediation and other support services for students who need extra help to remain in college and earn a degree.
