Posts Tagged: DC Shuttle

DC Shuttle: Obama Meets with University Presidents on College Costs

On Dec. 5, President Obama held a meeting with Education Secretary Arne Duncan, university presidents and higher education policy experts which focused largely on the issue of college affordability and productivity. Participants discussed how new strategies for increasing affordability and producing more graduates at individual institutions could be scaled up to the state or national level. Jamie ...

DC Shuttle: Obama Admin Cuts Pell Grant Overpayments, New Eye on Private Student Loans

As part of the Campaign to Cut Waste, the Obama administration cut erroneous Pell Grant payments to 2.7% in 2011, the lowest it has been since 2005. White House officials estimate that reform measures saved $300 million in overpayment through the Pell Grant student aid program. The 2011 payment errors totaled $1 billion, approximately the same as the payment errors for 2010, but an increase in the...

DC Shuttle: Boston Schools Finalists for Innovation Grants; US Ed Secy Supports In-State Tuition for Kids of Undocumented

The Senate Committee on Health, Education, Labor and Pensions (HELP) held a hearing Tuesday to discuss legislation to reauthorize the 2001 No Child Left Behind (NCLB) education law, which has approved by the committee on Oct. 20. Committee Chair Tom Harkin (D-IA) acknowledged that "everyone has something they would like to change" about the draft, but encouraged his fellow lawmakers to support the...

DC Shuttle: Obama Moves to Ease Student Loan Debt

On Wednesday, President Obama announced a new proposal to ease the burden of student loan debt. The "Know Before You Owe" initiative will allow students with multiple government-backed loans to consolidate them into one loan under the federal Direct Loan program with an interest rate reduction of 0.25% to 0.5%. The administration estimated that about 5.8 million students could be eligible for loan...

DC Shuttle: HELP Committee Advances Reforms to No Child Left Behind

On Thursday, the Senate Health, Education, Labor, and Pensions (HELP) Committee voted 15-7 to advance legislation to replace the 2001 No Child Left Behind (NCLB) federal education law, with three Republicans joining Democrats in support of the bill. The legislation would replace NCLB's requirement that all students achieve proficiency in math and reading by 2014 with a mandate that states adopt "c...

DC Shuttle: Congress Still Trying to Fix No Child Left Behind

Senate Health, Education, Labor and Pensions (HELP) Committee Chair Tom Harkin (D-IA) released his draft of legislation to update the federal No Child Left Behind (NCLB) education law on Tuesday. The legislation frees states from NCLB's strict requirement that all children be proficient in reading and math by 2014, a standard which the Department of Education has estimated that 80% of schools woul...

DC Shuttle: Congress Holds Hearing on Stemming Brain Drain of Foreign Grads

The House Education and Workforce Committee's Subcommittee on Higher Education and Workforce Training held a hearing Wednesday on the benefit of encouraging foreign graduates of U.S. universities to remain in the U.S. Employment visas are currently restricted to 140,000 annually, with no more than 7% going to any single country. Supporters discussed various possible strategies for preventing the b...

DC Shuttle: Congress Looking at Changing Rule that Requires For-Profit Colleges Get No More than 90% of Revenue from Feds

The Labor-HHS-Education appropriations bill's $158 billion in discretionary funding provides a 0.12% funding increase from FY 2011 Education Department funding levels, and includes a provision to maintain Pell Grants at their current $5,550 maximum level. FY 2012 funding for the Education Department's Race to the Top competitive grant program would match current funding at $698.6 million. The Prom...

DC Shuttle: Obama Proposes $5 Billion for Community College Infrastructure

In his speech before a joint session of Congress Thursday evening, President Obama put forward several proposals aimed at bolstering the economy and creating jobs. Among these proposals was $30 billion to repair and revamp school facilities, including $5 billion specifically for community college infrastructure.Education advocates in the administration and Congress have attempted to advance fundin...

DC Shuttle: Debt Deal Boosts Pell Grants

The debt-ceiling deal signed by President Obama last week will cut over $900 billion in federal funding over the next 10 years. Yet even in an extremely budget-conscious atmosphere, members of Congress singled out the Pell Grant program for an increase in funding to guarantee college access for low-income students. Under the terms of the new law, the Pell program would receive $10 billion in FY 20...