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  • House Passes Overhaul Plan on Student Aid
  • Added by: El Maestro Rector  |  Registered: 12-07-2007 www.ednews.org
  • By DIANA JEAN SCHEMO The House voted to cut federal subsidies to student lenders and halves interest rates on federally backed loans. The House on Wednesday approved far-reaching changes in student aid programs, voting to cut $19 billion in federal subsidies to student lenders over five years, while increasing grants for needy students and halving interest rates on federally backed loans with the ... more...
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