Students from middle-income families are losing their Guaranteed Student Loans this fall as the changes in the Higher Education Act are implemented. The changes are aimed at making sure loans would be provided only to the lowest-income students. (MLW)

Many new loan and scholarship programs are available, most open to middle-income families. State loans and grants are increasingly attractive, aid packages are more likely to include merit scholarships and complex new financing arrangements offered by schools themselves. Families must learn to shop carefully for good, not gimmicky, aid. (MSE)

A chronology of the tuition tax credit legislation and a series of amendments to existing federal student aid programs during the second session of the 95th Congress is presented. In each chamber of Congress legislative activity proceded along four routes: (1) authorizing legislation from the education committees (amendments to existing student…