Day: February 15, 2015

More Government, More Bad Student Loan Policy

Congress recently approved a bill to fund the government for the remainder of the fiscal year. It cuts Pell Grant funding 1.3%, from $22.8 to $22.5 billion.  This reduction in the needs-based grant program will be reallocated to student loan service providers such as Navient and Nelnet, a move orchestrated by outgoing Senator Tom Harkin. […]

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