Balanced-Budget Law May Force Huge Reduction in Aid to Schools

Miller, Julie; Walker, Reagan
October 1987
Education Week;10/28/1987, Vol. 7 Issue 8, p10
The article reports that the U.S. Department of Education has raised Guaranteed Student Loan fees last week in anticipation of an 8.5% budget cut under the revived Gramm-Rudman-Hollings deficit-reduction law. Education lobbyists have contemplated the possible destruction of such increases made in pending appropriations bills, and the Congress continued work on a reconciliation package that could avert the cuts.


Related Articles

  • House Approves Pell Grant Remedy. Dervarics, Charles // Black Issues in Higher Education;06/20/2002, Vol. 19 Issue 9, p9 

    Reports on the approval made by the U.S. House of Representatives on a bill that would provide emergency spending fund to address the shortfall in the Pell Grant program as of June 2002. Reason for the increase in the student demand for Pell Grants; Prospect raised by the Education Department...

  • Higher Education Act (HEA) Reauthorization.  // NACE Journal;Sep2013, Vol. 74 Issue 1, p6 

    The article offers legislative news briefs related to education in the U.S. as of September 2013. The Department of Education (DOE) has issued final regulations for the implementation of the Higher Education Opportunity Act of 2008 (HEOA) that took effect on July 1, 2010. A series of public...

  • CAPITOL briefs.  // Community College Week;5/21/2007, Vol. 19 Issue 19, p10 

    This section presents news briefs related to educational law and legislation in the U.S. The Congress' Advisory Committee on Student Financial Assistance announced that it is seeking public testimony for a hearing that will cover legislative proposals concerning student aid process. The National...

  • Congress Moves To Fulfill Promises on Higher Education. Pekow, Charles // Community College Week;2/12/2007, Vol. 19 Issue 12, p12 

    The article reports that the U.S. Congress has approved a budget bill in February 2007 that would make higher education more affordable. The bill will increase the annual Pell Grant funding, the nation's largest need-based scholarship program, to $13.6 billion. The bill will also keep higher...

  • FEDERAL AND STATE LEGISLATION. Dagley, David L.; Dagley, Amy L. // Yearbook of Education Law;2014, p189 

    The article discusses federal and state legislation relating to education which is passed by the U.S. Congress in 2013. It includes the Bipartisan Student Loan Act of 2013 which decreased the interest rates on federally guaranteed student loans. It also includes the School Access to Emergency...

  • A Teachable Moment for Student Loans. Hanson, Jim // Credit Union Magazine;Jun2009, Vol. 75 Issue 6, p46 

    The article reports on the implementation of the Ensuring Continued Access to Student Loans Act in May 2008 in the U.S. The legislation will guarantee funds available for students and opens a secondary market for student loans through the Department of Education. It is stated that the student...

  • Democrats Hope to Seize Higher Ed. Issue. Klein, Alyson // Education Week;10/11/2006, Vol. 26 Issue 7, p25 

    The article explores how U.S. Democratic lawmakers and candidates seeking to regain a majority in Congress in 2006 are working to convince voters that they would do more to help students pay for college than the Republicans, highlighting proposals to increase Pell Grants and make college loans...

  • Pell Grants under attack in Congress. Botzman, Thomas J. // University Business;Oct2015, Vol. 18 Issue 10, p26 

    The author discusses the value of the Basic Education Opportunity Grant or also known as the Pell Grant in the U.S. and the threat posed by some proposals in the Congress on its operation in 2015. He mentions the benefits of the said program to students who want to pursue higher education and to...

  • NDEA Changes.  // Education Digest;Feb1964, Vol. 29 Issue 6, p53 

    This article reports that the U.S. National Defense Education Act student loan program has been expanded and liberalized in a number of ways by the recent legislation. The loan forgiveness provisions have been extended, for example, to teachers in U.S. government schools abroad, while the loan...


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics