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White House proposes $9.2 billion cut in education funding

Over the next decade, the White House wants to ‘save’ $143 billion from college loan programs, including an end to $26.8 billion in subsidized loans. Currently, Pell Grants, designed to assist low-income students, are capped at less than $6,000 per scholastic year despite the average cost of tuition at a public college for its own state students approaching $10,000 per year. ...

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