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ICYMI: Judge Strikes Down Several Provisions of ‘Gainful Employment’ Rule
Jul 2, 2012
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A federal judge has vacated several provisions of the controversial “gainful employment” rule, which the Department of Education issued last year in an effort to ensure that federal student-aid dollars flowing to vocational programs were good investments and helping prepare students for jobs that p...
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ICYMI: Student Loans and Double Standards
Jun 13, 2012
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President Obama likes to say that everyone in America should "play by the same rules." Okay, so then why does the Administration's new student-loan rule apply to for-profit colleges, but not nonprofits? The regulations that go into effect in July cut off federal student aid to career and technical ...
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ICYMI: Market can fix student loans
Jun 11, 2012
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By Rep. John Kline (R-MN) Unless Congress takes action, student loan interest rates for millions of borrowers will double in just a few short weeks. The House has already done its part by approving the Interest Rate Reduction Act, bipartisan legislation that will prevent a scheduled interest rate i...
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ICYMI: No Way Out of Default
Apr 18, 2012
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Since Democrats put the Department of Education in charge of originating and overseeing every new higher education loan in the country, a growing number of borrowers have expressed frustration with a range of problems plaguing the Direct Loan Program, from poor customer service and breaches in perso...
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ICYMI: Student Body Left
Nov 9, 2011
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As the default rate rises on federally backed student loans, President Obama has responded with a plan to make education lending even more expensive for taxpayers. That's hard to do, but he's determined. In his first student-lending reform, which was rushed through the Senate as part of ObamaCare, ...
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ICYMI: Higher education plays role in putting people to work
Aug 15, 2011
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By Reps. Virginia Foxx (R-NC) and Trey Gowdy (R-SC) Despite traces of progress in the Department of Labor’s latest jobs report, unemployment remains a major concern in the Carolinas. The regional unemployment rate hovers around 10 percent — well above the national average of 9.1 percent. Getting fo...
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While you were out…
Sep 13, 2010
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Congress may not have been in session these last several weeks, but plenty has been happening in Washington and around the nation. Below is a brief recap of notable education and labor news – what you might have missed and what is worth watching in the waning days of the congressional session. Commo...
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