The plan proposes to make investment in education and training of students beyond high school and ensure greater federal support to HBCUs, TUCs and MSIs.
The survey found 48 percent of millennials, Generation X, and baby boomers financially insecure and considering skills upgrade, including attending school.
Under the new law, emergency grants will be provided to students during a financial crisis such as eviction, sudden illness, or the death of a family member.