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Johnson's Higher Education Act
In 19 65, he pushed congress to pass the higher education act. This was kind of like the g i bill, where students got a voucher. But instead of its being a scholarship that did not have to be repaid, these were student loans. All those loans would increase the federal deficit. So if the johnson administration wanted to make higher education universally accessible, they had to find another way to fund it.wen johnson said, aha, i have an idea. We can help students get loans without it being on the federal government's books. Let's just somehow persuade banks to make loans to students. Maybe this plan would convince opponents in congress but the banks deftly not on