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Republican Higher Education Bill Clears First Hurdle

Republican legislation making its way through Congress goes after a number of key student loan subsidies and deductions, and critics say it could make college less affordable for millions of Americans.

A rewrite of the nation’s main law governing higher education that passed the House Committee on Education and the Workforce late Tuesday would eliminate subsidies for interest payments on federal student loans while the students are in college. The American Council of Education estimates the change would affect 6 million students.