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H.R. 2669 as Amended; College Cost Reduction Act of 2007

Sat, 08/04/2007 - 19:58 — tluong

The Senate approved this bill to increase the amount of aid to college students. The bill would increase the amount of aid for Pell grant recipients by redirecting $18 billion that currently subsidizes banks that issue government loans. The maximum Pell grant award would rise from $4,310 to $5,400 by 2011. The bill also provides loan forgiveness after ten years for graduates who go into public-service professions.

On Passage of the Bill
07/20/2007
Senate Roll Call No. 272
110th Congress, 1st Session

Passed: 78-18