President Clinton's fiscal year 2000 budget may propose killing a key federal subsidy for banks that make student loans, according to congressional sources.

Estimated to be worth $800 million to $900 million over five years, the subsidy was part of a compromise reached last fall between banks and the White House after more than a year of negotiations.

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.