Over the last 3 decades, the Direct Loan program has grown in size and complexity, with over $1.3 trillion in outstanding loans as of September 2023. This program provides financial assistance to help students and their parents pay for postsecondary education. The Government Accountability Office (GAO) was asked to review issues related to…

Over the last three decades, the Direct Loan program has grown in size and complexity, with almost $1.4 trillion in outstanding federal student loans. The Direct Loan program provides financial assistance to students and their parents to help pay for postsecondary education. The US Government Accountability Office (GAO) was asked to review changes…

The Subcommittee on Higher Education and Workforce Investment met to hear testimony on "Homecoming: The Historical Roots and Continued Contributions of HBCUs." The meeting was entirely remote. The aim of the meeting was to explore the unique role that historically Black colleges and universities play in expanding access to affordable,…

This document records testimony from a hearing before the Subcommittee on Higher Education and Workforce Development of the Committee on Education and the Workforce that was held to examine lowering costs and increasing value for students, institutions, and taxpayers. Opening statements were provided by: (1) Honorable Burgess Owens, Chairman,…

The Department of Education disbursed nearly $112 billion in financial aid to students through various grant and loan programs in fiscal year 2021. Colleges generally provide students information about the aid for which they are eligible in financial aid offers. Students use these offers to make key decisions, including which college to attend and…

When a college closes, it can derail the education of many students, leaving them with loans but no degree. Those who cannot complete their education may be eligible to have their federal student loans forgiven through a "closed school discharge" from the Department of Education (Education), but this process has changed in recent years.…

Rising college costs have outpaced federal grant aid and placed more of the financial burden on students and their families. Children's Savings Account (CSA) programs help families, especially lower-income families, save for college--and other postsecondary education--by providing financial contributions and possibly other supports. A Senate…

This hearing of the Committee on Health, Education, Labor, and Pensions focuses on reauthorizing the Higher Education Act through financial aid simplification and transparency. The following committee members presented opening statements: (1) Honorable Lamar Alexander, Chairman, Committee on Health, Education, Labor, and Pensions; and (2)…

This hearing of the Committee on Health, Education, Labor, and Pensions examines reauthorizing the Higher Education Act, focusing on examining proposals to simplify the Free Application for Federal Student Aid (FAFSA). Following opening statements by the Honorable Lamar Alexander (Chairman, Committee on Health, Education, Labor, and Pensions) and…

Veterans Affairs (VA) offers education benefits to veterans with disabilities through the GI Bill, VA's largest education program, and Veteran Readiness and Employment (VR&E), which helps veterans with service-connected disabilities re-enter the workforce. Each offers distinct features that may better serve veterans depending on their…

This document records testimony from a hearing before the Committee on Education and Labor that was held to discuss the cost of college as well as student-centered reforms to bring higher education within reach. Member statements were presented by: (1) Honorable Robert C. Scott, Chairman, Committee on Education and Labor; and (2) Honorable…

The aim of this hearing of the Committee on Health, Education, Labor, and Pensions is to foster a productive conversation about how schools are meeting the needs of veterans and service members, what more can be done to ensure veterans are not putting themselves into financial trouble in order to get an education and, ultimately identify what the…

This document records testimony from a hearing held to discuss higher education and transparency as Congress is working to reauthorize the Higher Education Act. Member statements were presented by: (1) Honorable Susan A. Rankin, Ranking Member, Subcommittee on Higher Education and Workforce Development; and (2) Honorable Brett Guthrie, Chairman,…

Congress funds District of Columbia Tuition Assistance Grant (DCTAG) through an annual appropriation, which was $40 million in fiscal year 2018. DCTAG provides D.C. residents up to $10,000 per year to attend college. The Consolidated Appropriations Act, 2017, included a provision for the U.S. Government Accountability Office (GAO) to review DCTAG.…

Legislation introduced in 2015, including Senate Bill 806, sought to amend the "Code of Virginia" regarding fixed four-year tuition and other costs. Eventually, Senate Bill 1183 was incorporated into Senate Bill 806; the substitute amendment directed the board of visitors of each four-year public institution with an in-state…