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Senators dispute college funding
September 15, 2012
Sen. Lamar Alexander’s contention that rising Medicaid costs drain money away from public colleges and universities drew a challenge Thursday from Iowa Sen. Tom Harkin. The issue arose at a hearing of the Senate Health Education Labor and Pensions Committee on the affordability of higher education. Alexander said states should propose a swap where the federal government would take over all Medicaid costs and the states would handle all education costs. It would leaves states better off, he said, by $92 billion a year.
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