September 29, 2008
Federal Bailout Compromise Leaves Room for Student-Lender Assistance
Washington
Congressional negotiators, in reaching terms this past weekend for a proposed $700-billion bailout of the banking industry, have retained language that could be used to help struggling student-loan providers.
Leading lawmakers announced the compromise early Sunday, after a late-night negotiating session prompted by President Bush’s plea for urgent action to avert a nationwide financial crisis.
The
This is an article for subscribers only. You may access this article by purchasing a:
Digital or Print Subscription
Web Pass
Already have an account? Log In Now.
-
Faculty
-
First Person
-
The Chronicle Review
