Legislative Activity Education Leadership Last week, Rep. Rob Andrews (D-NJ) announced he will resign from Congress on February 18. Rep. Andrews is second in seniority to House Education and the Workforce Committee Ranking Member George Miller (D-CA), who is retiring at the end of the year. Shortly after the announcement, Rep. Bobby Scott (D-VA) made … Continue Reading
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
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
