lectur3-page15 - Subsidized student loans to name another....

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The remainder of the direct benefit payments to individuals represent about 42.5% of all entitlements or about 25.6% of the total federal budget. Yes, welfare is in here, but so are some other programs that many of you benefit from. Educational grants to name one.
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Unformatted text preview: Subsidized student loans to name another. On August 5, 1997 a tax bill was signed by former President Clinton that includes tax credits for college tuition. So, we could start cutting the budget by reducing financial assistance to college students. 15...
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