Information is power: new legislation presents challenges, but also has its benefits.

University BusinessVol. 9 Nbr. 4, April 2006

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FINANCIAL AID

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Information is power: new legislation presents challenges, but also has its benefits.

THE DEFICIT REDUCTION Act that became law February 8 has received harsh criticism for cutting student aid spending by $12.7 billion over five years, but it also includes provisions that will benefit many students and families. Two major challenges now face institutions of higher ed:

* How to cope with the expedited timetable for implementing changes mandated by the legislation, many of wh...

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