More needy college students will have access to bigger Pell Grants, and
future borrowers of government loans will have an easier time repaying
them, under a vast overhaul of higher education aid that Congress
passed Thursday and sent to President Barack Obama.
House Speaker Nancy Pelosi on Thursday condemned vandalism and threats
against members of Congress who voted for sweeping health care changes,
and House Republicans who fought the legislation joined in urging
people to calm down.
Claiming a historic triumph that could define his presidency, a
jubilant Barack Obama signed a massive, nearly $1 trillion health care
overhaul on Tuesday that will for the first time cement insurance
coverage as the right of every U.S. citizen and begin to reshape the
way virtually all Americans receive and pay for treatment.
Banks and other private lenders are about to lose a $70 billion-a-year
student loan business, part of a massive overhaul of college assistance
programs that has received an unexpected boost from President Barack
Obama's health care success.
The owners of Philadelphia's two major daily newspapers can deny
creditors the right to bid for the company by putting up some of the
$300 million they are owed, a U.S. appeals court ruled in a key