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Senate Democrats introduce draft HEA reauthorization language. Senate Health, Education, Labor and Pensions (HELP) Committee Chair Tom Harkin (D-IA) put forth a draft bill, previewing the Higher Education Affordability Act he will introduce and summarizing Democrats' priorities for reauthorization, he explained in a press release. The bill would create several new grant progr...
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Senate bill would promote reverse transfer of credits. Senators Kay Hagan (D-NC) and Tom Harkin (D-IA) introduced legislation to support associate degrees for students who transfer between institutions without attaining a degree. The Correctly Recognizing Educational Achievements to Empower (CREATE) Graduates Act would encourage states to establish or expand "reverse transfer" prog...
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Obama gives executive order on student loan repayment. The Obama Administration announced that it would take executive action to allow borrowers of older student loans to cap their repayment at 10% of income. Five million borrowers with student loan debt would be eligible to cap their student loan repayments under the proposed regulation. Under the executive order, the U.S. Educati...
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Senate Banking hearing on student loan servicing. The Senate Banking, Housing and Urban Affairs Committee's Subcommittee on Financial Institutions and Consumer Protection held a hearing on the difficulties for student loan borrowers. The hearing focused on loan servicers and how borrowers and veterans negotiate repayment. Senators and witnesses said that action should be taken agai...
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Bill to eliminate tax on education technology. Rep. Diane Black (R-TN) is forging a bipartisan coalition to promote a new proposal for permanent elimination of tariffs on certain electronic learning devices used in schools and homes. She is sponsoring the "ETeach" proposal (H.R. 4748) that would make permanent an exception for learning devices that was temporarily backed in 2004.
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Public comments and report find flaws in "gainful employment" proposal. The period for public comment closes today, and many comments collected regarding the administration's gainful employment proposal claim the rule is flawed and will end up hurting students. Now, a report by Charles River Associates says the economic effects of the proposed rule are harmful. The report claims th...
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Ed Dept. announces grants to increase college completion. The U.S. Department of Education announced the First in the World campaign, with $75 million worth of grants to fund the development and testing of innovative approaches and strategies at colleges and universities that improve college attainment and make higher education more affordable. The Education Department will award g...
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Democrats introduce student loan refinancing bill in Senate. Sen. Elizabeth Warren (D-MA) introduced a bill, the Bank on Students Loan Fairness Act, which would allow former students with high interest rates to refinance their student loans at much lower rates. The legislation aligns with a major Democratic election year interest: college affordability. Democrats are taking on stud...
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House and Senate committees hold hearings on Ed Budget. The House Education and the Workforce Committee held a hearing on the FY 2015 budget request for the Department of Education. U.S. Secretary of Education Arne Duncan testified. Education Week reported that lawmakers raised concerns with the admiration's waivers from the requirements of No Child Left Behind (NCLB). The Senate H...
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Administration announces grants for aligning education with jobs. The Obama administration announced a new initiative to encourage academic credit for apprenticeships, Inside Higher Ed reported. President Obama announced that 24 awards, totaling $107 million, will be given across the country to partnerships of education agencies, workforce investment boards, universities and corpor...
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Senate Democrats introduce draft HEA reauthorization language. Senate Health, Education, Labor and Pensions (HELP) Committee Chair Tom Harkin (D-IA) put forth a draft bill, previewing the Higher Education Affordability Act he will introduce and summarizing Democrats' priorities for reauthorization, he explained in a press release. The bill would create several new grant progr...