While Pell Grants would be safe even if deep, mandatory cuts to domestic spending go into effect early next year, many other education programs would be at risk, according to a report released Wednesday by Senator Tom Harkin. The Iowa Democrat's report singled out TRIO and GEAR UP, two programs that prepare low-income students for college, saying that the programs could lose $90 million if sequestration goes into effect, eliminating services to more than 100,000 students. During a Senate hearing Wednesday on the effects of the spending cuts, which will take hold in January if Congress does not act on a long-term debt reduction plan, Education Secretary Arne Duncan said student loan processing would also be affected.
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