June 29, 2001

Tax Cut and Economic Slowdown Dim Prospects for Student Aid

By STEPHEN BURD

Pell Grant rise will not approach the $600 advocates hoped for

The budget outlook for the federal student-aid programs, which seemed bright at the beginning of the year, is dimming.

Back in January, having just won large

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Too Ambitious?

spending increases in the financial-aid programs for the 2001

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