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,...
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...
Student loan deal reached. A bipartisan group of senators announced a compromise on the Stafford Loan interest rates. Senator Tom Harkin, chair of the Health, Education, Labor and Pensions committee and Sens. Tom Carper (D-DE) Tom Coburn (R-OK), Joe Manchin (D-WV) and Angus King (I-ME) also participated in the announcement at the Capitol. According to reports, the White House also backs the measur...
Supreme Court affirmative action ruling. On Monday, the Supreme Court released a ruling in the case of Fisher v. University of Texas at Austin. The 7-1 decision was indecisive, remanding the case for reconsideration in the lower courts and directing lower courts to use "strict scrutiny" in affirmative action cases. The result of the ruling is that schools will continue to be able to use diversity ...
House committee OKs ESEA reauthorization. On Wednesday, the House Education and the Workforce Committee approved a proposed reauthorization to the Elementary and Secondary Education Act (ESEA) by a vote of 23 to 16. The bill, the Student Success Act (H.R. 5), introduced by Committee Chair John Kline (R-MN), would consolidate most federal funding into one block grant. The proposal would eliminate t...
ESEA reauthorization approved by committee. At a Senate Committee on Health, Education, Labor and Pensions (HELP) markup on Tuesday, lawmakers considered the Senate Democrats' proposal, the Strengthening America's Schools Act, to reauthorize the Elementary and Secondary Education Act (ESEA). A bill (S. 1094) introduced by Committee Chair Tom Harkin (D-IA) advanced by a party-line vote of 12-10 des...
STEM education. On Thursday, Rep. Bill Foster (R-IL) introduced the 21st Century STEM Competitive Jobs Act, cosponsored by Representatives Joe Courtney (D-CT), Elizabeth Esty (D-CT), Joe Kennedy (D-MA), Jim Langevin (D-RI), Jim McGovern (D-MA), Anna Eshoo (D-CA), Carolyn Maloney (D-NY), Gloria Negrete McLeod (D-CA), Jared Polis (D-CO), Tim Ryan (D-OH) and Louise Slaughter (D-NY). The bill would su...