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[report整理] SENEWS-2010-04-15

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[Homework]SENEWS-2010-04-15

This is a 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 report you can find it at VOA special english .com. Foreign students who need finacial aid generally have the secet from the shcool itself or their own government or employer. If you follow the news then you know that the president Abama recently signed health care reform legaslation.but one of the two VOs he signed into law also made unrelated changes in the federal students loan program.This changes will require new loans to come directly from the department of education.the department already makes the federally guarantee loans for american citizens and permanent legal residents.But sine 1993, it has also paid private lunds to provider.Now as a ( ) first, all new loans will go through the direct loan program only.Officials say the new law will save the government 61 billion dollars over ten years. the plan is to use more than half the savings to provide more federal pile grants to needed students. A few billion will also go to shcools that traditionally serves manorties and to help two year community colleges. ( ) is a senoir vice president of the american of accociation of community colleges. (Now Everybody has education almost all from the bill). The new law will reduce a most that ( )must repay each year from 15% of income to 2%.And the longest repayment period will be shorten from 25 years. The remaining that will be forgiven after 20 years or 10 if borrows enter public services.Supporters in higher education said the final bill did not go far enough.Republic opponense called an unnecessary government take over of the private industry.Another criticism was that financial services industry could lose about 30000 jobs.the department of education reported last year that about 2/3 of graduates from four year colleges had student loan dead, the average was about 23000 dollars.And that is VOA special english education report, read by Nacy Stanby.You can discuss education and other subjects on our facebook page at VOA learning english. And you find (trans) and ( )at VOA special english dot com. I am stanburg
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