June 22, 2007
Panel Slashes Lender Subsidies
A Congressional education panel approved a bill last week that would slash lender subsidies and use the savings to pay for an increase in student aid.
The bill, known as a "budget reconciliation" measure, would also direct $750-million to reducing the federal deficit.
Before voting on the bill, the U.S. House of Representatives Education and Labor Committee adopted several amendments offered by Democrats that would expand eligibility for Academic Competitiveness Grants and Smart
This content is only for subscribers. You can gain access by purchasing a:
Print Subscription
Digital Subscription
Already have an account? Log In Now.
-
The Chronicle Review
-
Government
-
Advice
