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Brainard, Jeffrey – Chronicle of Higher Education, 2007
A few days before President Bush officially released his 2008 budget, administration officials announced that it would contain a historic increase in the maximum Pell Grant. The increase in Pell Grants would be paid for by cutting subsidies for student loans, a step that experts predicted could induce lenders to offer fewer benefits to borrowers.…
Descriptors: Grants, Educational Opportunities, Biomedicine, Student Financial Aid