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Financial Aid in the News

Congress Creates Numerous New Grant Programs, To Secretary's Dismay (The Chronicle of Higher Education)

"Margaret Spellings, the U.S. Secretary of Education, isn't happy about the dozens of new grant programs tucked into a major higher-ed bill that cleared Congress last week, and she's making her displeasure known," The Chronicle of Higher Education reports. "In a letter sent to lawmakers last week, Ms. Spellings said that while the White House supports many pieces of the bill, which would reauthorize the Higher Education Act, the Bush administration remains 'concerned' that the bill would create more than 60 'new, costly, and duplicative programs.' President Bush has not threatened to veto the bill over its new programs and is expected to sign the measure in the coming days."

You can read the complete August 4, 2008 Chronicle of Higher Education article on-line. A paid subscription may be required.

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