[caption id="attachment_29134" align="alignleft" width="150" caption="One financial aid expert said Pell Grant amounts would have to be doubled to increase the number of degree-holding Americans. "]One financial aid expert said Pell Grants would have to be doubled to increase the number of degree-holding Americans. [/caption]

President Obama’s fiscal year 2011 budget includes $156 billion in student aid, a second consecutive increase in Pell Grant funds, and a lower cap for student loan repayments—but financial aid officials said the proposals fall short of policy changes that would make college universally accessible.

The president’s budget,...

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