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At $14 billion, the investment in operating support for higher education institutions from the Coronavirus Aid, Relief, and Economic Security (CARES) Act is the largest one-year federal infusion of funds going straight to colleges since the Great Recession. But it is far from enough, says this study. Making future stimulus packages as effective as possible is about more than just the dollar amount provided, the report says. Congress must also address restrictions on who can receive the funds, as well as the funds’ allowable purposes.