Immigration Reform Framework Released

Despite the absence of any support from the minority party, which will be necessary to advance a bill, Senate Majority Leader Harry Reid and two of his colleagues — Charles Schumer (D-NY) and Robert Menendez (D-NJ) — have released a rough framework for comprehensive immigration reform. The outline serves as a starting point for public discussions… Read More


NASFAA Releases FAQs on New Student Aid Law

The National Association of Student Financial Aid Administrators (NASFAA) has released a Frequently Asked Questions (and answers) web page on the student aid provisions of the recently signed Budget Reconciliation Act of 2010. The NASFAA site can be accessed here.


President Signs Health and Student Aid Reconciliation Bill

Yesterday, President Obama signed a bill of “fixes,” worked out between the House and Senate, to the health insurance reform bill that was signed into law last week. The changes, advanced as part of a budget reconciliation package, included the much anticipated overhaul of the federal student loan programs. The March Federal Report, provided on the right-side… Read More


President Signs Historic Health Insurance Overhaul Into Law

**UPDATE: The Federal Report, provided on the right-side user bar of this website, provides greater coverage of the health insurance and student aid legislation. After more than a year of debate, on Sunday March 21st, the  House of Representatives voted 219-212 to approve the Senate’s health insurance reform package, which passed that body in December.  Additionally,… Read More


Health Insurance/Student Aid Reconciliation Package Released

Shortly after receipt of a Cognressional Budget Office (CBO) score that found that the health insurance and student aid overhauls would reduce the deficit by roughly $138 billion over the next years ($1.2 trillion over the next 10 years), the Democratic leadership in Congress posted the details of the bill on-line -as they had promised… Read More


Health Insurance and Student Aid Overhauls Likely Headed for Reconciliation

Yesterday, during a speech at the White House, President Obama called on Congress to give health care reform an up or down vote before the Easter congressional recess -beginning March 29th. The message seemed to make clear that the President, along with Speaker Pelosi and Majority Leader Reid, intend to pursue passage of health insurance reform… Read More


FY11 Budget Overview

Despite an overall spending freeze proposal from the Obama administration, the student aid and research priorities of the higher education community faired relatively well in the President’s Budget Request for FY11. Within the Department of Education, the PBR seeks to increase the maximum Pell grant to $5,710 in FY11 from the current $5,550 level. More importantly,… Read More


Additional Glimpses Into Obama Budget Request

Despite President Obama’s plan to call for a three year freeze of domestic discretionary spending, K-12 and certain higher education student aid/support services grant programs stand to receive significant increases in the FY11 budget process -according to administration officials. As mentioned in yesterday’s (1/26) post, certain federal programs may be cut, consolidated, or eliminated to achieve… Read More


Secretary of Educations Pens Op-Ed on Student Loan Overhaul

Yesterday, The Wall Street Journal, published an op-ed by U.S. Secretary of Education Arne Duncan. In the piece, Secretary Duncan makes the case that banks don’t belong in the federal student loan business and that the subsidies they currently receive through Federal Family Education Loan program would be better spent on student aid. The Senate… Read More


House Passes Jobs Bill with Higher Ed. Provisions

Yesterday, the House of Representatives passed a jobs package (H.R. 2847 -Jobs for Mainstreet Act of 2010) that provides $75 billion of unspent funds from the Troubled Asset Relief Program (TARP) for assistance to states and local governments in avoiding government layoffs and supporting infrastructure repair and modernization.  Of note to the higher education community… Read More