Congress Proposes Financial Aid Cuts
As Congress looks to cut up to $50 billion in spending, education and student groups are complaining that college financial aid will take the biggest hit.
House Republican leaders have ordered the committee that oversees federal student aid to find more cuts than any other committee — about $18 billion. On Wednesday, the House Education and Workforce Committee approved a Republican proposal designed to cut spending on student aid by $14.5 billion over the next five years.
Education Groups Say Student Aid Targeted