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Education Funding: Students Win Big in House and Senate Stimulus Bills

by JUSTIN POPE, Associated Press , February 10, 2009

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The money would be for academic facilities, and wouldn't go — directly at least — to things like gyms, food courts or chapels.

The House version calls for $1.5 billion for biomedical research facilities, while a Senate amendment set aside more than $6 billion in extra research money for the National Institutes of Health, among boosts to other research agencies. Those investments have long-term benefits, but it would take time to distribute them, and research universities would benefit most.

One other benefit notable for families: The Senate bill would also allow families to spend money from 529 college savings plans on computers.



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