House Panel Passes GOP Bill Cutting Loan Subsidies For College Students

WASHINGTON (AP) — A Republican bill that would eliminate key loan subsidies for college students and give a boost to for-profit colleges has passed the first major hurdle in the House of Representatives.

The bill, a rewrite of the nation’s main law governing higher education, passed the House Committee on Education and the Workforce late Tuesday after more than 10 hours of debate. Democrats complained that the bill was rushed through the committee just two weeks after it was introduced without giving them a fair chance to review and amend it.