Black colleges will fight cut to federal program
Source: google.com Posted By: Billy 5456 days ago
Leaders of historically black colleges say they'll fight a reduction in a federal program they call a financial lifeline at a time of economic distress for the schools and their students.
President Barack Obama's education budget, unveiled Thursday, included major spending increases in many areas — but didn't include an extra $85 million that black institutions have received annually for the past two years thanks to a 2007 change to the student loan laws.
That two-year-old program provided....