A quick look back at the news from last week. Compiled by Penn Hill Group
HOUSE and SENATE
The U.S. Congress passed a continuing resolution to keep the government funded and operating through December 3, 2021.
The U.S. Department of Education (ED) announced the committee members for next week’s negotiated rulemaking sessions and publicly posted issue papers provided to the negotiators on the topics to be negotiated.
ED released the most recent data on cohort default rates for institutions of higher education.
Federal Student Aid (FSA) Chief Operating Officer Richard Cordray announced that FSA is evaluating Federal student loan servicer Navient’s proposal to transfer its servicing contract to Maximus.
ED released a notice that will be published in the Federal Register on Monday that states its intent to begin a negotiated rulemaking effort on the 90/10 rule and possibly other related higher education issues.
Penn Hill Group plans on providing clients a summary of the following events next week:
October 6: House Education and Labor Subcommittee Hearing on “Homecoming: The Historical Roots and Continued Contributions of HBCUs”
October 7: Senate Health, Education, Labor and Pensions Full Committee Hearing on “Nominations of Lisa Gomez to be the Assistant Secretary for Employee Benefits Security, Department of Labor, and Jose Javier Rodriguez to be the Assistant Secretary for Employment and Training, Department of Labor”
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