 College Pell grants and other federal financial aid programs would be transferred to another branch of government during a transition period, following which all federal financial aid for education would be eliminated.Paul has long held that land owned by the federal government should be sold to private parties.While campaigning in Nevada for the Republican Party presidential nomination in 2011, Paul argued that land distribution in the states should follow the model of Texas, where, he said, private owners have developed all the natural resources.