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Discuss “House cuts $14 billion in student aid”

If the United States Senate confirms $50 billion in spending cuts, students can expect to pay an average of $5800 more for their college loans. In addition to $14.3 billion in cuts to federal financial aid for college students, the bill includes significant cuts from other federal programs, including Medicaid and food stamps.

The bill, H.R. 4241, was passed by the House of Representatives on November 18.

The New York Times reported that the bill, which included the largest cut to student loan programs in the history of the United States, was passed in the House by a slim margin with a vote of 217– 215, following a floor debate lasting until Friday’s early morning hours.

The Senate and the House must reconcile two vastly different plans...

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