"President Trump hopes Congress can overcome razor-thin Republican majorities by slashing spending, cutting taxes, and rewriting policies in one 'big, beautiful bill,'" The Chronicle of Higher Education reports.

..."Poison pills abound for higher ed. The death of Grad PLUS alone might threaten to close some colleges. It will take time to map out all of the potential perverse incentives that stem from basing funding on metrics like earnings outcomes and loan-repayment rates. Here’s a sample of the early reactions:

• 'Making these changes at all would turn the clock back for student access; making them now would result in chaos for both schools and students,' Beth Maglione, interim president and chief executive of the National Association of Student Financial Aid Administrators, said in a statement. 'This bill would eliminate entire federal student aid programs, significantly reduce eligibility for others, strip protections and flexibilities for struggling borrowers, and remove provisions intended to protect taxpayer dollars.'"

NASFAA's "Notable Headlines" section highlights media coverage of financial aid to help members stay up to date with the latest news. Articles included under the notable headlines section are not written by NASFAA, but rather by external sources. Inclusion in Today's News does not imply endorsement of the material or guarantee the accuracy of information presented.

Publication Date: 4/30/2025