"House Republicans are moving to slash federal education spending by $11 billion, endorsing a $72 billion package that falls $14.5 billion below the Biden administration’s budget request," University Business reports. 

... "Lower-income students strained by this year’s shaky FAFSA rollout and who would mostly benefit from financial assistance programs have the most to lose from this budget proposal, NASFAA warned in a press release."

"'Now is the time to be investing in federal financial aid for college-bound students, and at a minimum maintaining funding for the office that administers the FAFSA application, not slashing it,' Karen McCarthy, NASFAA vice president of public policy and federal relations, said in a press release."

NASFAA's "Notable Headlines" section highlights media coverage of financial aid to help members stay up to date with the latest news. Articles included under the notable headlines section are not written by NASFAA, but rather by external sources. Inclusion in Today's News does not imply endorsement of the material or guarantee the accuracy of information presented.

Publication Date: 6/28/2024