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The Boston Globe


Brown’s college loan proposal may fall short of goal

WASHINGTON — A proposal by Senator Scott Brown to pay for college loan subsidies by recovering improperly dispersed government funds may fall far short of raising the necessary $6 billion to extend the subsidies, a report by the Congressional Budget Office suggests.

While the CBO has yet to analyze Brown’s proposal, its analysis of similar legislation shows that reducing payment mistakes would recover only “several million dollars.”

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