Change in Aid Formula Shifts More Costs to Students
Excerpts: Millions of college students will have to shoulder more of the cost of their education under federal rules imposed late last month through a bureaucratic adjustment requiring neither Congressional approval nor public comment of any kind.
The changes, only a slight alteration in the formula governing financial aid, are expected to diminish the government's contribution to higher education by hundreds of millions of dollars, starting in the fall of 2004.
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