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
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
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