Tag Archives: Student financial aid in the United States

White House to Convene its College Affordability Summit

Legislative Activity FY 2014 Appropriations Senate Health, Education, Labor and Pensions (HELP) Committee Chairman Tom Harkin (D-IA) stated last week that negotiators are making progress on the Labor-HHS-Education appropriations bill, which is typically the most contentious of the 12 appropriations bills. A draft of the bill – expected to be released Friday, January 10 – … Continue Reading

Legislation to Help Homeless Students; Obama Administration Announces Major Competitive Educational Grant

Legislative Activity Legislation to Help Homeless Students Senators Patty Murray (D-WA), Tammy Baldwin (D-WI), and Mary Landrieu (D-LA) plan to introduce legislation that will assist homeless students that are looking for financial aid to attend college. In the bill, colleges would be required to develop a plan to assist homeless and foster youth during academic … 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

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