Stimulus to kick start cash-strapped higher ed


Higher education officials are awaiting an injection of $32 billion in federal money after Congress passed the economic stimulus bill last week, aiming to jumpstart a slumbering economy in part by making college more affordable and funding campus projects that have run out of state funds in recent months.

University decision makers and governors nationwide are touting "shovel ready" projects -- campus improvements ready for construction -- as President Barack Obama prepares to sign the bill later today that will pump federal dollars into cash-strapped colleges.

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