While Republicans controlled both the White House and Congress, federal funding for Pell Grants and Direct Student Loans remained flat, while federal work study funds and Byrd Honors Scholarships declined. Conversely, funding for the Family Education Loan Program, a program which subsidizes private student loan companies, more than doubled from $25 billion in 2001 to $51 billion in 2007.
SourceUS Department of Education. Fiscal Year 2001-2009 State Tables for the U.S. Department of Education. US Department of Education. [Online] July 1, 2008. [Cited: July 17, 2008.] http://www.ed.gov/about/overview/budget/statetables/index.html.
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