Student Loan Interest Rates Rise

Annual student loan interest rates increase tomorrow, July 1st. This represents the first full year loan rates will be tied to the 10-year Treasury note under the deal struck by Congress last summer. Rates will rise from 3.86 to 4.66 percent for undergraduate Stafford loans, 5.41 to 6.21 percent for graduate Stafford loans and 6.41… Read More


House Ed and Workforce Introduce Multiple HEA-focused Bills

Today, the House Education and Workforce introduced several bills to reauthorize the HEA. Earlier this year, the House announced it would take a piecemeal approach to reauthorization rather than a single, large bill. The committee reiterated this strategy and outlined a number of principles that will guide its HEA reauthorization process in its white paper released earlier… Read More


Higher Ed Legislation Advances

Today Senate HELP Chairman Tom Harkin (D-IA) will introduce his plan to reauthorize the Higher Education Act. The Higher Education Affordability Act focuses on four goals: Increasing college affordability, helping struggling borrowers, strengthening accountability, and improving transparency. These goals will be achieved through 21 action points, including tightening for-profit regulations, better accountability metrics for colleges… Read More


Obama Aims to Ease Student Debt

President Obama announced today a new executive order aimed at easing student borrowers’ debt loads by capping repayments at 10 percent of their monthly income. Obama also made student loans the focus of his weekly address on Saturday, saying he’d be taking action this week. The executive order will expand on a 2010 law, the Bipartisan Student… Read More


The Week Ahead

This week lawmakers continue to debate FY2015 appropriations, student loans, and VA reform. Tonight, the House will vote on S. 1254, the Harmful Algal Bloom and Hypoxia Research and Control Amendments Act of 2013. The bill would authorize $20.5 million annually through 2018 for the National Oceanic and Atmospheric Administration to reduce the effects of… Read More


Senate Committees Hold Hearings on Student Loans

This morning Senators discussed student loans in two simultaneous committee hearings. The Senate Budget Committee, which is chaired by Washington State’s Senator Patty Murray, held a full committee hearing titled, “Impact of Student Loan Debt on Borrowers and the Economy.” Key witnesses in the hearing included representatives from the Consumer Financial Protection Bureau, the Student… Read More


Easton to leave IES

 John Easton announced today that he will be leaving his position as Director of the Institute of Education Sciences (IES) this Fall to take a position at the Spencer Foundation in Chicago. As director of IES, Easton oversaw the National Center for Education Statistics, the National Center for Education Evaluation and Regional Assistance, the National Center for Education Research, and… Read More


House Continues CJS, House Science Cmte Passes FIRST

Adjourning well after midnight last night, the House will consider its floor consideration of the Commerce, Justice, Science Appropriations bill this morning. The House is expected to pass the measure late tonight. Thus far, the House has considered a number of amendments, and some of interest are below. Passed Amendments: An amendment, offered by Mr. Reichert… Read More


House Science Committee Passes FIRST (almost)

In an incredibly partisan and late mark up, the House Science Committee finally finished considering the 27 proposed and debated amendments to the FIRST Act (HR 4186). Given the lengthy and contentious nature of the hearing, the roll call votes and final passage of the measure have been postponed until next week. Therefor, as of… Read More


Patent Reform Legislation Pulled from Agenda

Consideration of comprehensive patent legislation appears to be off the agenda for the year after Senate Judiciary Committee Chairman Leahy (D-VT) pulled it from his committee’s agenda on Wednesday. He cited frustration with unproductive negotiations as the reason for the turnaround. The measure had been slated for consideration by the committee today but less than… Read More