House Passes Bill To Overhaul College Aid
Education Related News
The vote was 253-171 in favor of a bill that would oust private lenders from the student loan business and put the government in charge. The bill fulfills nearly all of President Obama's campaign promises for higher education: The measure ends subsidies for private lenders, boosts Pell Grants for needy students and creates a grant program to improve community colleges, among other things.
Source: NPR Topics: Education