Tag Archives: Education in the United States

DOE to Host Fourth Public Meeting on President Obama’s Proposed College Ratings System

Legislative Activity House Subcommittee Changes House Education and the Workforce Committee Ranking Member George Miller (D-CA) announced new subcommittee assignments last week. As such, Rep. Mark Pocan (D-WI) will join the Subcommittee on Early Childhood, Elementary, and Secondary Education and the Subcommittee on Workforce Protections. Additionally, Rep. Frederica Wilson (D-FL) is moving from that subcommittee … Continue Reading

90/10 Rule, Early Childhood Education & Proposed College Ratings System

Legislative Activity 90/10 Rule Legislation Last week, Senate Health, Education, Labor and Pensions Committee Chairman Tom Harkin (D-IA) and Senate Majority Whip Dick Durbin (D-IL) introduced the Protecting Our Students and Taxpayers (POST) Act of 2013 (S. 1659) to amend the current 90/10 rule that requires for-profit colleges to receive no more than 90 percent … Continue Reading

Higher Education: Reform and Opportunity Act, Tax Credits; College Affordability

Legislative Activity Alternative Accreditation Proposal In a speech at the Heritage Foundation on October 29, Sen. Mike Lee (R-UT) unveiled his plans to introduce the Higher Education Reform and Opportunity Act next week. The proposed legislation would provide a new option for states to create alternative accreditation systems while also keeping the existing system of … Continue Reading

Student Loan Compromise Bill Passes

Legislative Activity Student Loan Interest Rates Last week, the Senate passed its student loan interest rate compromise bill by an 81-18 vote. As previously noted, this proposal would peg interest rates to the 10-year Treasury note, plus 2.05 percent for both the subsidized and unsubsidized portions of the undergraduate loans, plus 3.6 percent for graduate … Continue Reading

Student Loan Rates Increase, Veterans Educational Assistance is Extended & the Student Success Act Passes

Legislative Activity Student Loan Interest Rates A bipartisan group of senators, led Majority Whip Dick Durbin (D-IL), announced another agreement on student loan interest rates last week. The deal, which represents a new scheme that shifts to market-driven variable interest rates, was announced after Sen. Tom Harkin (D-IA) ultimately agreed to support it. According to reports, … Continue Reading

Senate Works on Federally Subsidized Student Loans as House Continues to Overhaul No Child Left Behind

Legislative Activity Student Loan Reform Senators continue to work on a bipartisan deal to address federally subsidized student loan interest rates, which expire July 1. The long-term deal, which is expected to (1) peg the rates to the 10-year Treasury bill, (2) include a consolidated rate cap – something Democrats have called “non-negotiable,” and (3) … Continue Reading