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,...
Elementary and Secondary Education Act. The Elementary and Secondary Education Act (ESEA) is due for reauthorization and proposals have been introduced in the House and Senate. (The last reauthorization of ESEA was the No Child Left Behind under President George W. Bush.) On July 19, the House passed the Student Success Act (H.R. 5). The bill would reduce the federal role in public education and c...
When President Obama outlined his higher education agenda in Buffalo last week, commentators tuned out the beat of war drums (this time against Syria) and began dissecting the president's plan on the college front. The overriding question: Can the new models conceived of by consultants and think tanks over the past decade—and now advanced by the president—work to lower cost without sac...
Student loan interest rate bill sent to president. On Wednesday, the House approved the Bipartisan Student Loan Certainty Act (H.R. 1911) by a vote of 392 to 31. The Senate passed the legislation the previous week and the bill is headed to the president, who has endorsed the legislation, for approval. The bill would modify how interest rates on federal student loans are set, tying interest rates t...
Senate approves student loan interest rate bill. On Wednesday, the Senate approved the Bipartisan Student Loan Certainty Act by a vote of 81 to 18. House leadership has promised swift approval of the legislation, with a vote in the House likely this week. The bipartisan proposal would tie interest rates on undergraduate subsidized and unsubsidized Stafford loans to the 10-year Treasury note plus 2...