Posts Tagged ‘federal education policy’
DC Shuttle: Parties Tangle Over Student Loan Rates as Deadline Nears
by The New England Council
June 25, 2012
With a June 30 deadline quickly approaching, lawmakers are running out of time to prevent student loan rates from doubling. Leadership from both parties has said that a compromise will be coming before the deadline and suggested on Friday that they are close to a deal. In 2007, Congress approved PL ...
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DC Shuttle: 10 Colleges Commit to White House Plan to Give Students Clearer Price Info; Rise in Student Loan Interest Rates Looming
by The New England Council
June 11, 2012
On Tuesday, administration officials announced a White House partnership with 10 colleges and universities to give students better information on the cost of higher education and financial aid options. The schools, which include the University of Massachusetts System, have voluntarily committed to adopting an information sheet for incoming students to help them understand the costs ...
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DC Shuttle: How to Pay for Student Loan Interest Rate Extension
by The New England Council
May 15, 2012
On Tuesday, Senate Republicans blocked a motion to proceed on the Senate Democrats' bill (S. 2343) to extend current interest rates on federal student loans for one year. With a vote of 52-45, the cloture motion failed to garner the needed 60 votes to proceed. Republicans objected to Majority Leader Harry Reid's (D-NV) refusal to ...
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DC Shuttle: To Hold Down Student Loan Interest Rates, Congress Weighs Cuts to Health Law, Closing Tax Benefits for Oil and Gas Cos.
by The New England Council
April 30, 2012
On Wednesday, Senate Democrats introduced a bill (S. 2343) to extend the current interest rate on subsidized student loans for one year beyond the July 1 expiration date. The Congressional Budget Office (CBO) estimated the cost of a one-year extension to be $6 billion, which the bill would pay for by ...
Read MoreTags: Consumer Financial Protection Bureau, DC Shuttle, federal education policy, John Tierney, New England Council, student loans, White House | No Comments
DC Shuttle: Secy Duncan Urges Deal Before Sequestration Cuts; Former Secy Alexander Calls for Shifting K-12 Funds to Students
by The New England Council
April 2, 2012
At a hearing of the House Education and Workforce Committee on Wednesday, U.S. Education Secretary Arne Duncan defended the administration's budget proposal for FY2013. Committee Chair John Kline (R-MN) repeated the charges from a March 20 House Appropriations hearing: that the administration's decision to pour billions in new spending into competitive grant programs while maintaining ...
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DC Shuttle: Congress Begins Examining Obama Ed Proposals
by The New England Council
March 26, 2012
U.S. Education Secretary Arne Duncan testified in support of the administration's recent proposed higher education reforms at a Tuesday hearing of the House Appropriations Committee's subcommittee with jurisdiction over education. Subcommittee Chair Denny Rehberg (R-MT) and Ranking Member Rosa DeLauro (D-CT) both criticized the administration for proposing level-funding for major formula grants while directing funding ...
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DC Shuttle: Tuition Rose in 2011 to Make Up for Cuts in State Support; New Tools for College Readiness, Aid
by The New England Council
March 19, 2012
State and local spending on higher education fell to an average of $6,290 per full-time student in 2011—its lowest level in 25 years, according to a study released by the State Higher Education Executive Officers Association (SHEEO). Total funding for higher education from state and local sources fell by $1.3 billion between ...
Read MoreTags: Arne Duncan, DC Shuttle, federal education policy, New England Council, SHEEO, state funding of education | No Comments
DC Shuttle: Fed Watchdog Now Accepting Complaints on Private Loans
by The New England Council
March 12, 2012
The Consumer Financial Protection Bureau (CFPB) announced March 5 that it will now accept complaints from borrowers about problems with their private student loans. These problems could include difficulty with taking out a loan, repaying an existing loan or handling a loan which has gone into default. Under the Dodd-Frank financial reform law, the CFPB ...
Read MoreTags: Consumer Financial Protection Bureau (CFPB), DC Shuttle, federal education policy, New England Council, private loans, veterans | No Comments
DC Shuttle: Credit Hours and Online Programs
by The New England Council
March 5, 2012
On Tuesday, the House voted 303 to 114 to pass legislation (H.R. 2117) repealing two recent Education Department regulations, with 69 Democrats voting for the bill. As part of its program integrity proposal, the Education Department included a definition of a credit hour for the purposes of distributing federal student financial aid. The bill would ...
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Build the Higher Ed Agenda with Us …
by Michael K. Thomas
April 3, 2012
2012 is a year of interest and consequence to all of New England higher education. ...
This year marks the 150th anniversary of the first Morrill Land Grant Act, named after the great Vermont senator, Justin Morrill, who was instrumental in its creation and passage. Not only is the region’s higher education community reminded of its ...
Read MoreTags: federal education policy, Justin Morrill, land grant institutions | 1 Comment