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Universities resist loan limits to curb rising costs
Senate proposal by Lamar Alexander aims to cap government loans at 30 000 per year with a 150 000 lifetime limit and allows up to 15 000 extra for high cost programs upon Education Department approval. Colleges and associations push back citing student affordability and lobbying history.
MENTIONED IN THIS ARTICLE
New York
U.S
Lamar Alexander
Tennessee
Michael Bennet
Colorado
Cory Booker
New Jersey
U.S. Department of Education
Alexander
Carolyn Henrich
University of California System
Washington, D.C
Henrich
National Parent Teacher Association
Gerald Cassidy
Washington
Nan Wells
Princeton
D.C
Congress
Education Department
Bob Shireman
Obama
Matthew Shick
Association of American Medical Colleges
Center For Responsive Politics
Apollo Education Group