Democratic lawmakers are joining with House Republicans in a last-ditch effort to save the decades-old Federal Perkins Loan Program, which is set to expire next week.
On Thursday a bipartisan group in the House of Representatives introduced a bill that would continue the program for one year. To pay for the extension, the measure would limit the number of years that current recipients may receive the loans.
The House is expected to pass the measure next week, but it’s unclear whether the Senate will advance it for President Obama’s signature.
Read more at The Chronicle of Higher Education: http://chronicle.com/article/Will-Congress-Finally-Pull-the/233375