With the selection of Representative Paul Ryan as his running mate Saturday morning, presumed Republican nominee Mitt Romney made federal spending -- including on higher education -- a major flash point of the coming presidential campaign.

Ryan, a Wisconsin Republican and chair of the House Budget Committee, is best-known as the architect of a House of Representatives budget plan to slash discretionary spending, including federal research funding, student loans and the Pell Grant program, over the next decade. The latest version of that budget plan, which many Republicans praised and the Obama administration has panned, would try to contain cost of Pell Grants by changing eligibility criteria to exclude more students from the program and limiting the maximum award.

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