June 27, 2008
Sen. Kennedy Urges Colleges to Sign Up for Direct Loans
Sen. Edward M. Kennedy last week gave new voice to the growing fear that low-income students, including those at community colleges, will be among the hardest hit as worsening economic conditions prompt more private lenders to cut back their student-loan operations.
The colleges themselves, however, may not share that fear. They seem more concerned that students already are borrowing too much when other sources of aid, such as Pell Grants, would easily cover the institutions' generally
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