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Large Student Lender Agrees to Code of Conduct, Settling New York Inquiry
- Categorized in: Daily EducationNews, Higher Education
By DIANA JEAN SCHEMO
The Senate approved a major overhaul of federal student aid early Friday, cutting taxpayer subsidies to student lenders by more than $18 billion and funneling most of the money into increasing federal grants for low- and middle-income students and easing repayment terms on federal loans.
The Senate approved a major overhaul of federal student aid early Friday, cutting taxpayer subsidies to student lenders by more than $18 billion and funneling most of the money into increasing federal grants for low- and middle-income students and easing repayment terms on federal loans.
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