WASHINGTON - The House approved, 397 to 28, a call for limiting President Clinton's plan for direct lending to students to 4% of the market.

The nonbinding measure, sponsored by Rep. Bart Gordon, D-Tenn., essentially instructs the House conferees who will negotiate with the Senate on a final deficit reduction package.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.