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[report整理] SENEWS-2010-04-15

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[Homework]SENEWS-2010-04-15

This is the VOA Special English Education Report
Today we talk more about the costs of higher education in the United States,if you missed  last week's reports you can find it at voaspecialenglish.com.
Foreign students who need  financial aid general have to seek it  from the school itself or their own government or employer.If you follow the news that you know that presendent Obama recently signed Health Care Reform Legislation.But one of the two bills he signed into law also made unrelated changes in the Fedral student loan programme.This changes will requir new laws to come directly from the department of education.
The department already makes this federaly gurateen laws for American citizens and permenate legal residents.But since 1993 it has also paid privite lenders to provide them.Now ,as of july  first ,all new laws will go through the direct law programme away.
Official say the new law will save the government sixty-one billion dollars over ten years.The plan is to use more than half the savings to provide more federal peal grands to needy students.A few billion will also go to schools that traditionally serve mano and to help two year community colleges.
D is a senior vice president the American association of Community colleges.now every body have a higher education benifites from almost all of this bill.The new law will reduce the most that borrow was must repay each year from fifteen percent of their income to ten percent.And the longgest repayment period will be shortened from twenty-five years.
Any date will be forgiven after 20 years or 10 if borrowers enter Public service.Supporters in higher education said the final bill did not go far enough if borrowers enter public service.
Republic appones called it and unnecessary government take over of a privite industry.Another critisism was that the finacial services industry could lose about 30000 jobs.
The department of Education reported last year that about two thirds of graduates from 4 year colleges had student loan debt,the average was about twenty-three thound dollars.
And that's the VOA Special English Education Report written by Nancy,you can discuss education and other subjects on our facebook page at VOA Learning English

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