Word: federales
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Dates: during 1980-1989
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The centerpiece of Beebe's empire was AMI, his company based in Shreveport, La., which invested in banks and thrifts, insurance companies, motels and nursing homes. Beebe and his colleagues at one time or another held control of nearly 40 banks and S & Ls, through which they allegedly made insider...
"Overall, the President's education proposals involve a series of modest program initiatives that, taken together, enhance the small but critical role the federal government plays in education," said Sen. Clairborne Pell (D-R.I.), chair of the Committee on Labor and Human Resources.
Funding for Pell Grants, which provide direct federal assistance to college students, would increase 6 percent under Bush's plan, while funding for the College Work-Study program would remain the same. But spending for Guaranteed Student Loans would be cut by 7 percent.
Many Black colleges are in financial trouble and need help from the federal government, said Althea T. L. Simmons, chief lobbyist and director of the Washington branch of the National Association for the Advancement of Colored People (NAACP). Simmons said the NAACP would lobby for more funding because the budget...
Federal Funding For Major Student Aid Programs (In millions of dollars) Appropriation FY 1988 Appropriation FY 1989 Proposed FY 1990 Pell Grants 4260.4 4483.9 4740.0 Guaranteed Student Loans (GSL) 2565.0 3174.4 2962.5 Work-Study 588.2 610.1 610.1 Supplemental Grants 408.4 438.0 452.9 Perkins Loans 210.6 205.5 22.0 Income Contingent Loans...