Kennedy Releases Sweeping Bill To Reauthorize The Higher Education Act

by Justin on June 19, 2007

Abstract:

Late yesterday, Sen. Edward Kennedy (D-MA), chairman of the Senate Health, Education, Labor, and Pensions Committee, released the Higher Education Amendments of 2007, a bill that would reauthorize the Higher Education Act and make several significant changes to the federal student aid programs. The 534-page legislative proposal includes significant increases in the Pell Grant and introduces several amendments in an attempt to better regulate the student loan industry. The budget reconciliation language, which will presumably include further cuts to lenders, has not yet been released. The amendments released yesterday are scheduled for full committee markup tomorrow.

The full article was originally published in NASFAA’s Today’s News on 6/19/07.

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