Students Get a Breather

A Bush administration panel recently withdrew a proposal to eliminate 75 percent of federal student loans programs and grow the main federal grant program by 45 percent. The proposal would have allowed federally backed loans only for low-income students. Banknet360.com reports:

The panel, headed my Charles Miller, chairman of the Commission on the Future of Higher Education, is due to report next month on ways to make college more affordable.

Read more: Bush Panel Retracts Student Loan Proposal


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