Under Medicaid, many states cover populations and benefits beyond those required by Federal law.
In 1992-93, the most recent year for which figures are available, some $10,000 per student went to cover faculty salaries and benefits.
The letter said the transfer would cover benefits through Sept. 30, 2003.
Within the next two decades, Social Security will no longer be able to cover full benefits out of the taxes it collects.
The government does not fully cover benefits granted within five years of a pension termination.
Most such systems require that employers pay a tax to cover such benefits.
Further debts of almost $1 billion, covering benefits like food subsidies and child care, have yet to be paid.
But for a 75-year-old, the government covers benefits of up to $138,665 a year.
The committee's goal is to reduce premiums to a level sufficient to cover guaranteed benefits and not a penny more.
The government's pension insurance is limited, and does not fully cover generous benefits like those of the pilots.