September 9, 2005

House Panel May Have to Reduce Student Benefits in Higher Education Act

By STEPHEN BURDWashington

A key committee of the U.S. House of Representatives appears to have come up more than $2-billion short in its attempt to wring savings from the government's student-loan programs to meet its obligations as part of a broader Congressional effort to reduce the federal budget deficit.

According to a Congressional Budget Office analysis, which was obtained by The Chronicle, legislation that the House Committee on Education and the Workforce approved in July to renew, or reauthorize, the

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