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by CA Berkeley WV
Banks or parents and students?
Debate and votes on amendments have been going on over the last two days. My understanding is that this claws back the fees and subsidies to private banks for making student loans, re-invests 88% of those the savings back into community colleges, schools in areas with natural disasters and increases in Pell Grants, then returns $10 billion over ten year to the General Fund. Some colleges already have decided to skip private banks.
Agreeing to the Rule for Debate
#703 241-175
Mollohan AYE
Rahal AYE
Ca-pee-toe NO
Series of Amendments #710-#717 I'll leave some fun for later scrutiny.
And since there are no funds for ACORN in the bill, Rep. Issa (R-CA) has a motion to recommit and amend the bill to defund ACORN. (I consider it a cheap trick.) #718 345-75
Mollohan NO
Rahal NO
Capito AYE
Final Passage H.R. 3221 to amend the Higher Education Act of 1965, and for other purposes
#719 253-171
Mollohan AYE
Rahal AYE
Ca-pee-toe NO |
