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News & Media

US colleges feel overlooked in nation’s huge economic bailout

US colleges scored just $14 billion (£11 billion) from a multitrillion-dollar economic rescue measure approved by Congress − and quickly warned of dire budgetary pressures and a possible easing in their opposition to reopening. The $2.2 trillion bill, meant primarily to boost unemployment benefits, hard-hit industries and healthcare providers nationwide, offers more than $6 billion in student aid and about $7.5 billion for institutions.