text: where did the money from the higher education act of 1965 get diverted to? the higher education act was instituted in 1965 for the benefit of low- and middle-income students pursuing higher education.  yet some of the $70 billion allocated to this program have increasingly been diverted from their original purpose of expanding access for students, and cost increases have made it clear that america’s higher education system is not accountable enough for its consumers.  in the 109th congress, representative michael mcnulty voted alongside 198 others not to expand the provisions under the higher education act of 1965 to reflect today’s standards of living. i think that the poeple that handles the money holds bak some for thenselfs. not all of it goes to the schools