Fiscal Cliff Deal Cancels CLASS

“The fiscal cliff deal that passed in the House on Tuesday struck CLASS from the books for good. Which means that unless Congress passes new legislation, the program isn’t coming back. Given its dormant status, CLASS wasn’t likely to do much damage. But there were those who seemed interested in reviving the program — and attempting to ‘fix’ its problems by making buy-in mandatory. Repeal takes that possibility off the table.”