Permanent Federal Funding For HBCUs Gets Bipartisan Support

Permanent Federal Funding For HBCUs Gets Bipartisan Support

Assessment

Interactive Video

Social Studies

University

Hard

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The transcript discusses a bipartisan compromise to provide $255 million annually to historically black colleges and universities (HBCUs) and other minority-serving institutions. The deal simplifies the loan application process and eliminates annual paperwork for income-based student loan repayment plans. Funding for HBCUs had expired, leading to legislative challenges. The compromise includes simplifying the FAFSA form, saving taxpayers $2.8 billion over ten years. The Thurgood Marshall College Fund acknowledges the legislators' efforts in prioritizing funding for minority institutions.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is one of the main benefits of the bipartisan compromise for students?

More paperwork for borrowers

Increased tuition fees

Simplified loan application process

Higher interest rates on loans

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why did federal funding for HBCUs expire in September?

Lack of student enrollment

Disagreements among lawmakers

Insufficient academic performance

Completion of previous funding cycle

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was a concern for Senate Republicans regarding the funding extension?

The institutions receiving funding

The duration of funding

The source of funding

The amount of funding

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How many questions will be removed from the FAFSA form to simplify it?

30 questions

15 questions

10 questions

22 questions

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the estimated taxpayer savings over 10 years from the FAFSA changes?

$1.5 billion

$2.8 billion

$3.5 billion

$4.2 billion