Apparently the US gives out over 126 million scholarships each year. Who'd have thunk it?
I know nothing about the US so all this disscussion is way over my head, but isn't the US population only about 300 million? I don't know what kind of scholarships you're talking about, but 126 million is about half the population, which seems implausible.
That's the joke. The article implies Pell Grants "and stuff" are making up 70% of our wellfare spending . Pell Grants are a scholarship with a maximum reward of $5,550. Hence if we were actually spending the way that they're implying, then 40% of our total population is in college in any given year.
I'm was trying to point out the absurdity of the their 'rounding'
http://www.weeklystandard.com/blogs/over-60000-welfare-spentper-household-poverty_657889.html
60000 dollars per year per poor family, if the article is correct.