Federal Relations

Secretary Duncan advocates long-term student interest rate solution

Secretary of Education, Arne Duncan, testified before the House Committee on Education and Workforce today. During the hearing, House Chairman Klein specifically asked Secretary Duncan to clarify the Administration’s position on the student loan issue. The Republican attempted to elicit an endorsement from Duncan of their bill, HR 1911, the Smarter Solutions for Students Act,

Senate focuses on Farm Bill and House focuses on Student Loans for the bulk of the week

The Senate and House continue to work though legislation that respective committees addressed last week. The full Senate will consider the Farm Bill (S 954), which the Senate Agriculture Committee passed last week. The Farm Bill reauthorization , which would overhaul farm subsidies and food stamp programs, is expected to be considered by the Senate for

House Committee Moves on Student Loan Fix

Today, the House Education and the Workforce Committee marked up and two measures on to improve college costs and data transparency. The committee modestly amended and approved HR 1911, the Smarter Solutions for Students Act by a vote of 24-13, which ran largely along party lines. The amended HR 1911 would peg interest rates on all

Charting the student loan interest rate proposals

As the Office of Federal Relations continues to track the proposals and progress made on legislation affecting the student loan interest rate, below is a chart highlighting the proposals to date and major proposals. Options continue to multiply as the July 1 deadline raising the 3.4 percent interest rate to 6.4 percent is quickly approaching.

Progress on Student Loan Interest Rate Bill

Although both chambers are in recess today, there’s plenty of behind-the-scenes legislating and negotiating. House lawmakers plan to release a draft 2013 farm bill that’s expected to produce $38 billion in savings over a decade. Across the Capitol, Senate Democrats are looking for ways to advance President Obama’s nominee to head the Environmental Protection Agency

Summary of President’s FY14 Budget Request

Yesterday, President Obama released his FY14 budget request — nearly two months later than required by law. Much of the delay was blamed on the sequester and the prolonged FY13 appropriations process that resulted in a year-long continuing resolution (CR). In a typical year, the President’s Budget Request (PBR) kicks off the annual appropriations season,

President Proposes Linking Federal Aid to Performance

Yesterday, President Obama released “The President’s Plan for a Strong Middle Class and a Strong America” as a follow up to his State of the Union address on Tuesday. While the President focused on a few higher education messages during his speech, mainly his College Scorecard, his nine-page document released yesterday laid out a plan

UW Rates Exceptionally Well on Obama’s College Scorecard

During his State of the Union address last night, President Obama announced a new College Scorecard that would help students and parents make better decisions about which college to attend. The College Scorecard allows you to enter the name of a college of interest or select factors that are important in any college search. You

2013 Higher Ed Agenda

Inside Higher Ed published a good article in today’s edition that details the higher education issues facing the next Congress. Budget issues will continue to be the most pressing issue confronting lawmakers when they convene the 113th Congress in January. Additionally, Congress will need to deal with looming student loan interest rate increases (July 2013),

Sequester Details

Schedule: Both the House and Senate are out until Wednesday in observance of the Jewish holiday of Rosh Hashanah. When they return, the Senate will take action on the 6-month continuing resolution. Both chambers are expected to recess at the end of the week and not return until after the November elections. OMB Sequester Report:

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