This week’s Omnibus bill will update federal spending on U.S. college students. Pell grants will catch up with the rising cost of higher education. As Harvard pledges better financial aid to middle income students, this bill will place approximately 4K worth of grants toward each applicant. This tunes federal funding for college students in line with their actual costs. A good thing, if you’re going back to school… Another trend that is apparently rising, with the expected (or real) recession of 2008, and the optimistic trend that includes the largest group of highschool graduates in history.