(Reuters) - The House bill and a similar measure in the Senate have been attacked by the $85 billion student-loan industry, but championed by industry critics, including some student groups.
The Bush administration has proposed similar cuts in lender subsidies, but on Tuesday threatened to veto the House bill, saying it would not direct enough funding to student grants and would set up too many costly new programs.
Read more at Reuters.com Bonds News
The Bush administration has proposed similar cuts in lender subsidies, but on Tuesday threatened to veto the House bill, saying it would not direct enough funding to student grants and would set up too many costly new programs.
Read more at Reuters.com Bonds News
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