Higher Education Act bill that would reshape student loan programs passes 95-0. But some aid experts question how much major elements would really help students.
Congressional leaders, after little consultation with GOP, offer budget bill that would boost Pell Grants and slash lender payments; Bush veto considered unlikely.
Bush's decision not to veto compromise budget bill means students will see more aid and interest rate reduction, and lenders will suffer large cuts in federal payments.
Just-passed law creates new federal categories (and provides new funds) for "predominantly black," Asian and Native American institutions, avoiding conflict inherent in previous proposals.
Congressional compromise would lift maximum grant by $125 more than $490 rise approved in budget act; NIH would receive $30 billion. Bush veto likely.
Colleges have mixed views on bipartisan legislation that wins unanimous approval; full House fails to override Bush veto of education/health spending bill.
Higher education's hopefulness for new influx of funds fades as Congress cedes to President Bush's wishes, passing spending bill that pulls many programs below 2007 levels.
Facing unexpected budget shortfalls, federal physics labs across the country are cutting back operations and hoping for a break in the next funding cycle.
In last State of the Union, president takes two steps to limit lawmakers' pet projects for colleges and other recipients -- starting next year.
Bush's 2009 budget plan would lift maximum Pell Grant to $4,800, kill other aid programs -- and slash funds for minority-serving colleges that gained in last fall's budget measure.
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