Budget cuts nix $90m in federal college aid - Philip Elliott, Associated Press

Schools near military bases and tribal lands will face a $60 million shortfall between now and September and aid to college students will be cut by almost $90 million, according to the Education Department's plan to carry out the automatic spending cuts mandated by Congress. In all, the Education Department lost $2.6 billion as part of failed budget negotiations that forced deep spending cuts to reduce the nation's debt. Every corner of the federal government has been slashing services to comply. http://news.yahoo.com/budget-cuts-nix-90m-federal-122849585.html