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Federal Spending Freeze Does Not Apply to Student Loans and Pell Grants

Students and parents panicked after news of the order, but the Education Department said the guidance would not stop the flow of money to students and schools.

© Rod Lamkey Jr. for The New York Times

The order had generated a lot of fear and chaos for students and their families, said Persis Yu, deputy executive director at the Student Borrower Protection Center, an advocacy group.
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