January 20, 2006

In Brief

LOOPHOLE CLOSED: The U.S. Department of Housing and Urban Development has issued rules to close a loophole that had allowed students receiving housing stipends from colleges to live in federally subsidized housing intended for low-income families. Under the new regulations, students must report parental income and any financial aid received in excess of tuition on their applications for housing assistance through a federal rent-subsidy program known as Section 8. College students who are over

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