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Committee Approves Legislation to Prevent Student Loan Interest Rate Cliff
May 16, 2013
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The House Committee on Education and the Workforce, chaired by Rep. John Kline (R-MN), today approved two pieces of legislation designed to address a pair of problems facing the nation’s higher education system. The Smarter Solutions for Students Act (H.R. 1911), introduced by Chairman Kline and Sub...
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Foxx Statement: Amendment in the Nature of a Substitute for H.R. 1911
May 16, 2013
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Thank you, Chairman Kline, and thank you for your leadership on behalf of students and taxpayers to identify a sustainable solution to the student loan interest rate cliff. As many of us know, on July 1, today’s 3.4 percent subsidized Stafford Loan interest rate is set to double to 6.8 percent for m...
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Committee Introduces Legislation to Enhance Higher Education Transparency
May 13, 2013
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House Education and the Workforce Committee Republicans, led by Rep. Luke Messer (R-IN), today introduced the Improving Postsecondary Education Data for Students Act (H.R. 1949), legislation that would direct the Department of Education to explore opportunities to enhance higher education transparen...
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H.R. 1949: The Improving Postsecondary Education Data for Students Act
May 13, 2013
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THE PROBLEM: In recent years, the federal government has taken steps to improve data collection and transparency in the higher education system. Under Republican leadership, the 2008 reauthorization of the Higher Education Act included several provisions to provide students and families with the da...
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H.R. 1911: The Smarter Solutions for Students Act
May 9, 2013
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THE PROBLEM: In 2007 the Democrat-led Congress approved legislation that would temporarily phase down the interest rate on subsidized Stafford Loans made to undergraduate students from 6.8 percent to 3.4 percent over four years. Once the law expired in 2012, the interest rates would jump back to 6....
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Kline, Foxx Introduce Market-Based Student Loan Interest Rate Legislation
May 9, 2013
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House Committee on Education and the Workforce Chairman John Kline (R-MN) and Subcommittee on Higher Education and Workforce Training Chairwoman Virginia Foxx (R-NC) today introduced legislation to tackle the upcoming student loan interest rate cliff by moving to a market-based solution. The Smarter...
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Committee Leaders Call for Feedback on Higher Education Act Reauthorization
Apr 25, 2013
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Members of the House Education and the Workforce Committee today called upon students, parents, college leaders, and higher education stakeholders to share their views on policies and amendments that should be included in the upcoming reauthorization of the Higher Education Act. “The reauthorization...
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