Congress passes student aid overhaul
LA Times: Congress on Friday approved the largest overhaul of education funding in more than 60 years, a $20.9-billion program that would boost financial aid to students and reduce interest payments on their loans.
Students who enter certain public sector jobs would have their debts erased under the plan, the total cost of which would be offset by slashing government subsidies to lenders. It also calls for a $510-million investment in minority colleges.
