House and Senate hearings on federal student aid. Both chambers of Congress discussed ways to restructure the federal government's student aid programs. The House Education and the Workforce Committee held a hearing on federal student aid and on Thursday, the Senate Health, Education, Labor and Pensions (HELP) Committee held a hearing on the same issue. Lawmakers discussed simplifying the administ...
Bill targets for-profit schools' funding. Senate Majority Whip Dick Durbin (D-IL) introduced the Protecting Our Students and Taxpayers (POST) Act (S.1659), which would aim to make for-profit colleges and universities less reliant on federal funding. Under current law, the "90-10 rule" requires universities to get at least 10% of their funding from non-federal sources. The proposed bill would repla...
College value ranking lists on the rise. The New York Times reported that rankings of colleges' value, based on cost compared to returns, are increasing.
Children's hospitals graduate medical education payment program. The Senate Health, Education, Labor and Pensions (HELP) Committee approved by voice vote legislation (S. 1557) that would reauthorize a program that provides federal money to suppo...
College net prices stable, reports find. Last week, the College Board released reports on "Trends in College Pricing" and "Trends in Student Aid" which found that, even though the price of college has grown, the cost to students has remained stable for the past decade. The report shows that the net cost of tuition, fees, room and board for the average student at a private, nonprofit college is abo...
New data linking poverty and less pursuit of higher education. A report released by the National Student Clearinghouse provides new data showing that students from high schools serving large concentrations of low-income families are less likely to enroll or persist in college than their peers from schools with a more affluent population.
CFPB report on student loans. The Consumer Financial Protec...
Calls for action on ESEA. Education Secretary Arne Duncan on Monday called for action on a long-overdue overhaul of the elementary and secondary school law, contending that Congress has "failed to carry out its basic core responsibilities on education." The last reauthorization of the law, known as No Child Left Behind, expired in 2007 and has been criticized by both parties as requiring unachieva...
Shutdown's limited initial effects of education. The U.S. Department of Education is on partial shutdown, with many employees furloughed, but school districts are functioning in full. The effects of the government shutdown would be harder felt in the education sector if the shutdown were to continue for a prolonged period. Pell grants and federal direct student loans will largely be unaffected by ...
Legislators ask for information on relationship between schools and lenders. Sen. Elizabeth Warren (D-MA), Ranking Member of the House Finance Committee Maxine Waters (D-CA), and Ranking Member of the House Education and Workforce Committee George Miller (D-CA) demanded that eight U.S. banks produce information about agreements they may have with colleges to encourage students to use their product...
Congress considers renewal of the Higher Education Act. Momentum is slowly building to reauthorize the Higher Education Act (HEA) with college costs and student debt under bipartisan scrutiny. The most recent reauthorization of the HEA passed in 2008 and expires in 2014. On Thursday, the Health, Education, Labor and Pensions Committee held a hearing on reauthorization. It is the first of 12 hearin...
Common guidelines for education research and development. The Institute of Education Sciences (IES) and the National Science Foundation (NSF) have formally released common guidelines for education research and development. The guidelines are intended to guide research investment decisions at IES, the U.S. Department of Education's main research agency, and NSF research in science, technology,...
House and Senate hearings on federal student aid. Both chambers of Congress discussed ways to restructure the federal government's student aid programs. The House Education and the Workforce Committee held a hearing on federal student aid and on Thursday, the Senate Health, Education, Labor and Pensions (HELP) Committee held a hearing on the same issue. Lawmakers discussed simplifying the administ...