Federal Relations

October 26, 2011

President Obama Announces New ‘Know Before You Owe’ Student Loan Initiative

President Obama announced today at a speech at the University of Colorado Denver, a new initiative called ‘Know Before You Owe’ designed to make college loans more affordable and reduce the financial burden on recent graduates – many of whom are struggling to find employment. The administration is essentially speeding up by 2 years, a

September 29, 2011

House Appropriations Releases Draft Labor-HHS-Ed Spending Bill

The House Appropriations Committee released their draft Labor-HHS-Education spending bill today in which they executed several spending cuts and revoked all additional funding for “Obamacare”. Some highlights: Health & Human Services The Health Resources and Services Administration (HRSA) is funded at $6.7 billion, a $1.5 billion increase over FY11 levels The National Institutes of Health

July 28, 2011

Senate Holds Hearing on Department of Ed FY12 Budget

The Senate Appropriations Subcommittee on Labor, Health and Human Services, Education, and Related Agencies held a hearing yesterday on the Department of Education’s FY12 budget. Secretary Duncan was the witness. In his opening remarks, Duncan expressed concern that America has gone from being a world leader in education to now being “middle of the pack”.  He

February 16, 2011

Department of Education FY12 Budget Summary

The Department of Education has released the following summary of the President’s FY12 budget request for the agency: U.S. Department of Education Information Release 2/14/11 Deep cuts and efficiencies in several key education programs will help fund new education investments to keep American students competitive in the global economy under the proposed 2012 Obama administration

February 14, 2011

President’s FY12 Budget Request

Today, President Obama released a $3.73 trillion budget request for FY12. The White House estimates that the request and projections for spending in the out-years would reduce the deficit by more than $1 trillion over the next decade. Despite reductions in overall spending, the request contains significant increases for research and development as well as some education programs.

House Proposes Deep FY11 Cuts, President Looks to FY12

The leadership of the House of Representatives has come forward with a second version of proposed cuts for fiscal year 2011. The new continuing resolution (CR) proposal is in response to criticism from deficit hawks within the Republican caucus who seek to fulfill a 2010 promise to reduce federal spending by $100 billion from what

January 20, 2011

Dept. of Ed. Set to Release 2011-12 Pell Schedule

The U.S. Department of Education has determined that it can establish the Pell Grant maximum for the 2011-12 academic year at $5,550 based on the Dec. 22, 2010, Continuing Resolution (CR) that expires on March 4. The agency plans to issue the 2011-12 Pell Grant Payment and Disbursement Schedules using the $5,550 maximum Pell (same

January 11, 2011

Pell Grant Cuts on the Table Says Key Senator

Senator Lamar Alexander (R-TN) (former Secretary of Education under President George H.W. Bush) is quoted in today’s Congressional Quarterly as stating that cuts to the Pell Grant program, along with the rest of the domestic discretionary budget, are on the table as Congress now attempts to reduce spending through the FY11 and FY12 appropriations processes. In

December 20, 2010

Congress Passes Post-9/11 Veterans Educational Assistance Improvements Act

On Friday Congress passed an altered version of the existing Post 9/11 GI Bill, which is designed to address issues that arose with the previous legislation. The updated bill will:  –  provide full tuition for those attending a public school in their home state and up to $17,500 in tuition payments for those attending private schools

December 8, 2010

Pell Grant Fix in House CR (Updated)

**12/9 Update A year-long CR passed the House on 12/8. The legislation includes $5.7 billion to close a shortfall in the Pell Grant program. The process now continues in the Senate. CR Summary** The House of Representatives is preparing two options for a closeout of the FY11 appropriations process. One option is a year-long continuing

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