Tag Archives: Federal Family Education Loan Program

Speaker Ryan’s Education Outlook; CTE Reauthorization; Department Publishes Cash Management/REPAYE Final Rules

Legislative Activity Speaker Ryan’s Education Outlook Last Thursday, the House voted to confirm the current House Ways and Means Committee Chairman Paul Ryan (R-WI) as the 54th Speaker of the House. Rep. Ryan is a 16-year veteran of the House and received the support of all but nine of his Republican colleagues. As Speaker Ryan took … 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 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

Agreement on Student Loan Interest Rate Package Disrupted

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