Student financial aid analysts are suggesting the federal government establish a government-run loan bank or trust fund to eliminate the need for lender involvement in the Guaranteed Student Loan Program, but congressional aides think that dismantling the existing program is unlikely. (MSE)

Researchers, economists, and campus administrators who have followed federal student aid programs worry that businesses have turned the Guaranteed Student Loan Program into a lucrative industry that doesn't always have the students' interest in mind, and a congressional study group is also concerned about aspects of the program. (MSE)

North Carolina Agricultural and Technical State University conferred three doctorates in engineering on African Americans this year, who along with two more earning degrees this summer will substantially increase the pool of African American engineering Ph.D's. The university's new program is hailed by some, but criticized by others as not…