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A Rare Washington Compromise?

At a Senate hearing, Education Secretary Arne Duncan and Republicans suggest they could find common ground on changing student loan interest rates to a market-based formula.

And So It Begins

With concurrent hearings, Congress takes the first tentative steps toward reauthorizing the Higher Education Act.
Opinion

Wrong Solutions on Loans

Yes, student loan debt is a major problem, but the proposals offered by both President Obama and Senate Republicans won't solve it, writes Aaron Smith.

Interests Diverge on Interest Rates

When President Obama's budget proposal emerges today, it is expected to include a proposal for a market-based student loan interest rate, putting him at odds with student advocates who were former allies.

Two Pell Grants?

A new report on rethinking financial aid calls for splitting the main federal need-based-aid program in two, with one grant for adult students and another for traditional-age students.

Money for Military, Not Poli Sci

Senate votes to ban federal funding for most political science research and to restore tuition assistance to active-duty service members.

Looking Over Servicers' Shoulders

After a slew of complaints about federal and private loan processing and collection, Consumer Financial Protection Bureau seeks oversight of the largest servicers.

Dire Warnings as Cuts Approach

Mandatory budget cuts take effect at midnight tonight. While the specific effects of the cuts are still unclear, colleges warn they will be harmful.