Chart of the Day: The REAL Pell Grant Issue

Thanks to Nate Johnson for a fantastic new chart that clearly illustrates who's to blame for the incredible growth in Pell Grant expenditures: private for-profit higher education. Switch the settings from "all institutions" to "for profits" and watch the red line (for-profits) pull dramatically away from the grey (national average).  Now Nate, please do this for federal student loans!