Senate Reaches Bipartisan Compromise on Funding for HBCUs

About two months after a lapse in federal funding for Historically Black Colleges and Universities (HBCUs), the Senate has reached a bipartisan compromise that would restore such funding and make it permanent.

From Inside Higher Education: "Leaders of the education committee of the U.S. Senate on Tuesday released a bipartisan proposed amendment that would make permanent $255 million in annual funding for historically black colleges and universities and other minority-serving institutions, simplify the Free Application for Federal Student Aid (FAFSA), and eliminate paperwork for income-driven student loan repayment plans."