Posts Tagged ‘New England Council’
DC Shuttle: Maximum Pell Grant Increased; Education Dept. Updates Lists of College Costs
by The New England Council
June 18, 2012
On Thursday, the Senate Appropriations Committee voted along party lines to approve FY2013 authorization for Labor-HHS-Education programs, including $68.5 billion for the Department of Education. This includes an $85 increase in the maximum Pell Grant award level, from $5,550 to $5,635, beginning in the 2013-14 school year. Funding for most other student financial aid programs ...
Read MoreTags: DC Shuttle, Financing, First in the World, New England Council, Pell Grant, Race to the Top, student aid | No Comments
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 ...
Read MoreTags: DC Shuttle, federal education policy, New England Council, student loans | No Comments
DC Shuttle: More Haggling Over How to Pay for Student Loan Interest Rate Extension, College Access
by The New England Council
June 4, 2012
In a bid to break the stalemate over offsets for student loan interest rate legislation, Republican leadership in the House and Senate proposed two alternative proposals on Thursday. While general agreement exists on the desire to extend the current 3.4% interest rate on federal student loans for one year, delaying an ...
Read MoreTags: DC Shuttle, DREAM Act, GEAR UP, immigration, New England Council | No Comments
DC Shuttle: STEM’ing Immigration; Measuring Higher Ed Productivity; Funding Upward Bound
by The New England Council
May 21, 2012
Senators Chris Coons (D-DE) and Lamar Alexander (R-TN) introduced legislation Wednesday to create a new category of student visas for those studying in the science, technology, engineering and math (STEM) fields. The bill would create a new category of non-immigrant visa for foreign students pursuing a master's degree or doctorate in the ...
Read MoreTags: DC Shuttle, green cards, immigration, New England Council, productivity, Upward Bound | No Comments
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 ...
Read MoreTags: DC Shuttle, federal education policy, New England Council, student loans | No Comments
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 ...
Read MoreTags: Congress, DC Shuttle, federal education policy, New England Council | No Comments
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 ...
Read MoreTags: DC Shuttle, DeLauro, federal education policy, New England Council, student loan debt, Tierney | No Comments
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
