5 Years On, Renewed Higher-Ed Act Has Lost Its Luster

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Five years ago this week, President George W. Bush signed into law legislation to reauthorize the Higher Education Act, the major law governing federal student aid.

The 1,158-page bill, which was itself five years in the making, was expected to leave a lasting imprint on American higher education, holding colleges and states accountable for skyrocketing tuition and reining in abuses in the student-loan system. It was supposed to simplify the process of applying for federal student aid