"As Congress heads home for its Fourth of July recess this week, lawmakers are running out of time to wrap up their work on policy and spending bills important to colleges before the presidential campaign season kicks into high gear later this summer," The Chronicle of Higher Education reports. "Congress's unfinished business includes legislation to renew the Higher Education Act, the major law that governs student aid. An update to the law is already five years overdue, but aides to the members who are hashing out key differences between House and Senate versions of a reauthorization bill say they still expect that this will be the year the renewal does get done, with final votes on a compromise measure now projected to occur this summer."