The Higher Education Act of 1965, as amended, specifies a loan origination fee of 1 percent for all Direct Subsidized Loans and Direct Unsubsidized Loans, and a fee of 4 percent for all Direct PLUS Loans for both parent borrowers and graduate and professional student borrowers. Student loan origination fees, the hidden student loan tax, generated…

Since the 1990's, the federal government has allocated funds to Hispanic-Serving Institutions (HSIs) to through the Title V, Developing Hispanic-Serving Institutions program. However, this program has become increasingly competitive such that less than half (40 percent) of all eligible HSIs received Title V funds in 2020. The competitive nature of…

During the 118th Congress, the House Committee on Education and the Workforce marked up and ordered reported the College Cost Reduction Act (CCRA; H.R. 6951). Most of the bill's provisions would amend the Higher Education Act of 1965 (HEA; P.L. 89-329, as amended), though it is not a comprehensive reauthorization of the HEA. Nevertheless, the bill…

The Higher Education Act of 1965 (HEA; P.L. 89-329, as amended) authorizes the operation of three federal student loan programs: (1) the William D. Ford Federal Direct Loan (Direct Loan) program; (2) the Federal Family Education Loan (FFEL) program; and (3) the Federal Perkins Loan program. While new loans are currently authorized to be made only…

This hearing of the Committee on Health, Education, Labor, and Pensions examines reauthorizing the Higher Education Act, focusing on simplifying the free application for federal student aid and reducing the burden of verification. The following opening statements were presented: (1) Honorable Lamar Alexander, Chairman, Committee on Health,…

It has become increasingly difficult for the two major parties in Congress to reach agreement on major higher education legislation. As a result, the Higher Education Act is long overdue for reauthorization. Congressional stalemates on higher education legislation are not conducive to effective and productive governance in this important area of…

The College Cost Reduction Act would overhaul the Higher Education Act, making changes to student borrowing and repayment, borrower protections, college oversight, postsecondary data, and more. The bill includes a new proposed risk-sharing model that would require colleges to repay the federal government for a calculated proportion of their…

How can the Truman Commission report be read 75 years after its release? Why should anybody care about it? What is this thing, anyway? The most compelling way to read "Higher Education for American Democracy" is as a visionary and progressive statement of the public purposes of American higher education. In so many ways, the report reads…

Background: Nearly two decades have passed since the last successful reauthorization of the Higher Education Act. Since then, student loan debt and the accumulation patterns based on race have become a pressing issue to address in U.S. society. Purpose: Student debt is one of the key issues on the federal higher education policy agenda. The…

As policy makers consider revisions to the Higher Education Act (HEA), understanding the impact of increasing the size of Pell grants is important if it is to have the intended impact of improving educational outcomes for lower income students across the various types of colleges and universities. Understanding institutional behavior is a place to…

This hearing of the Committee on Health, Education, Labor, and Pensions examines reauthorizing the Higher Education Act, focusing on strengthening accountability to protect students and taxpayers. Opening statements were presented by: (1) Honorable Lamar Alexander, Chairman, Committee on Health, Education, Labor, and Pensions; and (2) Honorable…

This Semiannual Report presents the activities and accomplishments of the U.S. Department of Education's Office of Inspector General (OIG) from April 1, 2023, through September 30, 2023. The report highlights audits, investigations, and related work issued during this time frame and includes summary tables containing statistical and other data as…

There was a lot of talk about both the fate of American democracy and American higher education in 2021, but not much consideration about how the two were deeply intertwined. The 1947 report "Higher Education for American Democracy" showed awareness of how race, sex, class, and religious discrimination thwarted the talents and ambitions…

The objective of this audit was to determine the extent to which the U.S. Department of Education (Department) had processes for ensuring that Federal Student Aid's (FSA) fiscal year (FY) 2020-2024 strategic goals, objectives, and related performance indicators were effective. The audit covered FSA's strategic planning and related activities from…

The Federal Work-Study (FWS) Program was established under the Equal Opportunity Act of 1964 to place low-income students with part-time employment to offset some educational expenses. In 1965, it was moved by President Lyndon B. Johnson to the Higher Education Act of 1965. The program was originally established as a job development program to…