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Treasury and Education Departments Tout Higher Education

A new report released today by the U.S. Department of the Treasury with the U.S. Department of Education looks at the economic case for higher education. The election year maneuvering comes as President Obama calls on Congress to keep interest rates low for the 7.4 million borrowers who are expected to take out subsidized Federal student loans next year. Federal financial aid now represents 55% of all financial aid to undergraduates at two- and four-year institutions. Auto companies are struggling to hire engineers, particularly in electronics and telematics fields. Continue reading

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