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Since 1981, COHEAO has served as a partnership of colleges, universities, and organizations dedicated to promoting the Federal Campus-Based loan programs and other student financial services. Committed to the preservation and improvement of the Federal Perkins Loan and Health and Human Services Loan Programs, COHEAO advocates for their continuance as well as for increased annual appropriation levels. Driven by the demand for information in the areas of student financial services, compliance, federal legislative and regulatory issues, COHEAO keeps its membership apprised with informative and timely updates through newsletters, webinars, and annual conferences.
Prepared by: Wes Huffman (whuffman@wpllc.net) Today, the House of Representatives took up H.R. 1911, the “Smarter Solutions for Students Act,” which would convert Stafford (both Subsidized and Unsubsidized) and PLUS loans to a variable rate with a cap tied to the 10-Year Treasury rate. The bill passed by a margin of 221-198, largely on party…
Prepared by: Wes Huffman (whuffman@wpllc.net) The House Education and the Workforce Committee met yesterday to markup two pieces of legislation, H.R. 1911, the “Smarter Solutions for Students Act,” and, H.R. 1949, the “Improving Postsecondary Education Data for Students (IPEDS) Act.” Summary H.R. 1911, which would convert Stafford and PLUS loans to a variable rate tied…
With the doubling of interest rates on Subsidized Stafford Loans set to occur on July 1, multiple bills have been introduced in the House and Senate to address the situation. Between the White House, the House, and the Senate, there are multiple proposals from both parties to tie the interest rate on Stafford and PLUS…