The Senate continues debate on the Higher Education Act today, with final passage of the sweeping bill expected in the late morning or early afternoon. They voted on Monday to reject an amendment that would have created a federal loan program that would compete with private loans. Before adjourning yesterday, the Senate also passed a handful of amendments including: a federal clearinghouse that would allow students to shop around for the best loan terms, study the feasibility of collecting information on the employment of college graduates , federal funds for 80 Upward Bound programs that lost their grants this year, including 21 programs at historically black colleges and universities. The Upward Bound Program provides grants to colleges and organizations to prepare low-income high-school students for college, and program of technology grants for minority-serving institutions.
Source: Chronicle of Higher Education
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