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2008
Senator Kennedy’s last visit to Northeastern University in defense of student financial aid was on March 17, 2008 when he held a Senate Committee on Health, Education, Labor, and Pensions field hearing on the challenges of college costs in today’s declining economy. The committee heard witness testimony from students, Department of Education officials, and other financial aid experts.
Senator Kennedy argued that federal aid in both grants and loans has not kept up with rising tuition costs, leaving students and their parent to turn to higher interest rate private loans to supplement the cost of a college education.