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Pending Legislation
May 23, 2013
Today, the U.S. House of Representatives took the first step toward preventing the scheduled July 1 doubling of the interest rates that students will be charged to take out federal student loans. We are pleased that H.R.1911 creates momentum forToday, the U.S. House of Representatives took the first step toward preventing the scheduled July 1 doubling of the interest rates that students will be charged to take out federal student loans. We are pleased that H.R.1911 creates momentum for adop...
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Federal Financial Aid
May 20, 2013
Action heated up in the House and Senate last week on the looming interest rate increase for subsidized student loans, which is slated to double from 3.4 percent to 6.8 percent July 1.
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Federal Financial Aid
May 15, 2013
ACE and 14 higher education associations release a statement of principles for lawmakers to consider as they craft legislation to address the looming interest rate increase for subsidized student loans.
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Student Financial Aid
May 13, 2013
In a new monograph written for ACE, Donald E. Heller argues there is scant evidence of a relationship between changes in federal student aid and tuition increases.
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Federal Financial Aid
May 10, 2013
A range of legislative choices to revamp the federal student loan system emerged in Congress this week, as the interest rate on subsidized student loans is poised to double from 3.4 percent to 6.8 percent July 1.
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Government Regulation
April 15, 2013
ACE Senior Vice President Terry Hartle will testify before the House Education and the Workforce Subcommittee on Higher Education and Workforce Training April 16 at 11:00 a.m. on the panel “Keeping College Within Reach: The Role of Federal StudentACE Senior Vice President Terry Hartle will testify before the House Education and the Workforce Subcommittee on Higher Education and Workforce Training April 16 at 11:00 a.m. on the panel “Keeping College Within Reach: The Role of Federal Student Ai...
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Budget and Appropriations
April 10, 2013
President Obama released his budget proposal for FY 2014 today, which includes among the higher education provisions a proposal to move to a market-based interest rate on all federal student loans. This includes the interest rate on subsidizedPresident Obama released his budget proposal for FY 2014 today, which includes among the higher education provisions a proposal to move to a market-based interest rate on all federal student loans. This includes the interest rate on subsidized Staffo...
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Federal Financial Aid
February 7, 2013
The Congressional Budget Office (CBO) yesterday released detailed estimates on funding for the federal Pell Grant and student loan programs. The estimates represented very good news about the overall health of Pell Grant funding and showed someThe Congressional Budget Office (CBO) yesterday released detailed estimates on funding for the federal Pell Grant and student loan programs. The estimates represented very good news about the overall health of Pell Grant funding and showed some posit...
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Tax Policy
August 1, 2012
ACE today sent a letter to the House Ways and Means and Senate Finance committees, urging Congress to pass extensions of expired and expiring higher education tax incentives.
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Student Loans and Debt
July 20, 2012
The Education Department and the federal Consumer Financial Protection Bureau (CFPB) released a report finding that private student loans, which make up $150 billion of the more than $1 trillion in outstanding student loan debt, are much riskierThe Education Department and the federal Consumer Financial Protection Bureau (CFPB) released a report finding that private student loans, which make up $150 billion of the more than $1 trillion in outstanding student loan debt, are much riskier than...
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