The Bush administration's budget for 2006, due out on Monday, could mean the end of the Perkins loan program.Source: The Chronicle of Higher EducationIn that budget, the president will ask Congress to recall the federal share of institutions' revolving loan funds, according to a top Education Department official. The funds, which are made up of federal "capital contributions," institutional matches, and repaid Perkins loans, are used to make new loans to students from low-income and middle-income families.
No child left behind!
