Congress/legislation

Possible Breakthrough on Loan Consolidation

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Republican leader proposes giving borrowers a choice of fixed or variable interest rates, but plan offers few details.

Stopping a Lender Subsidy, Permanently

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House GOP leaders and Bush administration agree to end 9.5% rate for some loans -- belatedly, Democrats say.

House Dives In to the Higher Ed Act

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Debate is intense over for-profit colleges, but decisions on many issues are forestalled.

'Good Day' for For-Profit Colleges

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As they waited Thursday morning for the House of Representatives higher education subcommittee to vote on legislation to extend the Higher Education Act, lobbyists for for-profit and nonprofit colleges had strikingly different answers to the simple question "How are things going?"

Bruce D. Leftwich, vice president for government relations at the Career College Association, responded with an enthusiastic "Great, great." David S. Baime, who plays the same role for the American Association of Community Colleges, offered an uncertain "I have no idea."

Budget Bill Advances in Senate

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Appropriations panel backs plan to raise NIH spending by $1 billion but keep maximum Pell Grant at $4,050.

Competition = Savings in the Loan Programs

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Federal costs would balloon and efficiency would erode if either student loan program vanished, a study finds.

A Potpourri of Political Posturing

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In wide-ranging session, House committee confronts Horowitz, Title IX and 'anti-American activity.'

Sharing the Pain

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House panel votes to impose cuts on lenders but makes advocates for students unhappy, too.

Imperfect (Yet Successful?) Bill

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House Higher Ed Act legislation has something for everyone to like and dislike.

Parking Garages and Other Pork

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Transportation bill passed by Congress last month contains nearly $500 million in earmarks for colleges.

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