Congress Takes Bold Step to Reverse Engineer Shortage

WASHINGTON--(BUSINESS WIRE)--Recognizing the critical need to address the nation’s shortage of engineers, Congress cleared legislation this week that will provide new financial incentives for engineering students.

The ACEC-backed provision was included in the Higher Education Reauthorization and College Opportunity Act of 2008, and provides up to $10,000 in loan forgiveness for engineering students. The President is expected to sign it into law this month.

In addition to extending various federal student aid programs, the Higher Education Act creates a new program to . . .

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