The Young Invincibles released a report, Reimagining Federal Pell Grants: Reshaping the Talent Pipeline for Young Adults, which examines how increasing access to financial aid for short term credential programs may jump start the careers of many and help address the critical shortage of skilled workers in the US. The brief found that providing the young adult workforce with career training and reskilling opportunities creates pathways to economic mobility and that this is especially true for workers from marginalized communities.
Many young people are reimaging education and are seeking nontraditional training opportunities outside of a typical university program, YI found. This report asserts that expanding access to the Pell grant to include certificate and credential readiness programs, which currently do not comply with the minimum Pell grant length requirements, would engage a new generation of workers capable of working in a variety of new roles. Read the full report click here.