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    Ryan Budget: Some Smart Reforms, but Education Spending Continues Apace

    The budget presented by House Budget Committee chairman Paul Ryan (R–Wis.) provides a topline function 500 (spending on education, training, employment, and social services) budget of nearly $74 billion. The $73.9 billion budget ($864 billion over 10 years) makes some important reforms to the federal Pell Grant program. It would … More

    Student Loan "Deal" Ensures That College Costs Will Continue to Rise

    Last Friday, the President signed into law the student loan “compromise,” promising it would help rein in college costs. The bill pegs interest rates on federal student loans to Washington’s cost of borrowing (the Treasury rate) plus 2.05 percent and caps interest rates at 8.25 percent. Congress says that this … More

    Student Loans: College Costs Will Continue to Rise

    Last week, the Senate passed a bill that would peg interest rates on federal student loans to Washington’s cost of borrowing (the Treasury rate) plus 2.05 percent. The bill also caps interest rates at 8.25 percent in the event they rise in the coming years. The House has praised the … More

    Federal Student Loans Cost Taxpayers Money

    This piece originally appeared on See Thru Edu, a project of the Texas Public Policy Foundation. The Congressional Budget Office has just released an assessment of what the Federal Direct Student Loan program will cost taxpayers using various accounting measures. As has been noted before, any student loan proposal should … More

    Top 5 Reports of the Week

    1. The Ugly Facts About the Internet Sales Tax 2. Obamacare Is About Power 3. The IRS Wants to Know If You’re a “Patriot” 4. Looming Student Loan Interest Rate Hike: Prudent Next Steps 5. Serving Justice to Gosnell Policy Picture Share on Facebook | Retweet

    Looming Student Loan Interest Rate Hike: Prudent Next Steps

    Next week, the House Education and the Workforce Committee will begin discussions about the interest rate on federal student loans, which is set to double on July 1. If this sounds like “déjà vu all over again,” that’s because it is. Around this time last year, Congress grappled with whether … More

    The Unknown Cost of Federal Student Loans

    Starting July 1, interest rates on federal student loans are set to rise from 3.4 percent to 6.8 percent. As Congress again considers preventing the interest rate on federal student loans from doubling, the cost to taxpayers should be a central issue. However, in a recent Issue Brief, Heritage analyst … More

    District Court Limits "Gainful Employment" College Regulations

    In a ruling last week, the U.S. District Court for the District of Columbia largely sided with the Association of Private Colleges and Universities, which had sued the U.S. Department of Education and Education Secretary Arne Duncan alleging that rules promulgated by the Secretary unfairly discriminate against for-profit institutions. For-profit … More

    Senate Flood Insurance Compromise Will Reduce Taxpayer Cost of Disasters

    Further scrambling to pay for transportation projects and the subsidized student loan interest rate freeze, Congress is now debating to add a five-year flood insurance extension to the burgeoning bill. Revenue gained from higher premiums to the National Flood Insurance Program (NFIP) should begin to repay the $17.5 billion the … More

    Students Could Pay a Steep Price Under Obamacare

    When it comes to religion and Obamacare, many people rightly focus on the Health and Human Services (HHS) “contraception” mandate that forces religious institutions to violate their consciences. Pro-lifers have also worried about the unprecedented moves Obamacare makes in federally subsidizing abortion. But there’s another concern that deserves attentionfor the … More