Legislative Activity Student Loan Interest Rates The agreement reached on a student loan interest rate package last week has been disrupted after a Congressional Budget Office (CBO) score estimated a $22 billion (over 10 years) cost to the proposal. A bipartisan group consisting of Democratic Senators Joe Manchin (WV), Tom Carper (DE), and Dick Durbin … Continue Reading
Legislative Activity Gainful Employment Nominations for individuals to serve on the Department of Education’s negotiated rulemaking committee to prepare proposed rules for gainful employment programs under Title IV are due July 12. The department may establish additional negotiated rulemaking committees to consider action on issues, including: (1) Cash management of funds provided under Title IV … Continue Reading
