President Bush signed legislation establishing a federal grant program that provides a new source of financing for colleges and universities to acquire and install electronic physical solutions.
The campus security measure attempts to help colleges develop and implement state-of-the-art emergency systems and campus safety plans. It also requires the Department of Education to develop an emergency disaster plan; create a National Center for Campus Safety at the Department of Justice and establish a disaster relief loan program to help schools recover and rebuild in the event of a disaster.
It also aims to restore integrity and accountability to the student loan programs by requiring institutions and lenders to adopt strict codes of conduct, providing students with full information about their borrowing options when taking out and repaying student loans and protecting students from aggressive marketing practices by lenders.
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