The Boston Globe

Politics

Boston.com

Brown’s college loan proposal may fall short of goal

By Bobby Caina Calvan

 |  Globe Staff  

  May 09, 2012

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

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