Possible Reprieve for Lenders

Smart Title: 
As Senate takes up massive student aid bill, close vote is expected on amendment that would ease cuts in subsidies for loan companies.

Senators Side With Students

Smart Title: 
With backers of budget bill framing choice starkly, lawmakers reject measure that would have softened cuts to loan providers.

Unanimity in the Senate

Smart Title: 
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.

Democrats Set Education Budget Compromise

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Congressional leaders, after little consultation with GOP, offer budget bill that would boost Pell Grants and slash lender payments; Bush veto considered unlikely.

Pell Grant Increase On the Way

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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.

Bigger Tent for Minority-Serving Colleges

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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.

The Possible New Pell Grant: $4,925

Smart Title: 
Congressional compromise would lift maximum grant by $125 more than $490 rise approved in budget act; NIH would receive $30 billion. Bush veto likely.

House Panel Backs Higher Ed Bill

Smart Title: 
Colleges have mixed views on bipartisan legislation that wins unanimous approval; full House fails to override Bush veto of education/health spending bill.

Federal Budget Blahs

Smart Title: 
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.

Coping With the Crunch

Smart Title: 
Facing unexpected budget shortfalls, federal physics labs across the country are cutting back operations and hoping for a break in the next funding cycle.


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