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.…

The 22-year-old Whitaker Foundation, the largest private supporter of biomedical engineering, will close in 2006 to avoid becoming a bureaucracy in search of a reason for being. The foundation, with assets of about $442 million, will increase payouts until 1999, then decrease them as it spends its way out of existence. About 95% of grants go to…

"Chronicle of Higher Education" presents an abundant source of news and information for college and university faculty members and administrators. This June 3, 2005 issue of "Chronicle of Higher Education" includes the following articles: (1) "The Miraculous Sighting of a Vanished Bird" (Furman, Andrew); (2) "In…