**Please note that this legislative update includes the weeks of both October 31 and November 7 due to the upcoming Knowledge Symposium.
Week of October 31
· This week, both the U.S. House and U.S. Senate are in recess. Lawmakers will return to legislative business on Tuesday, November 14, following the general election.
· On Tuesday, the U.S. Department of Education is expected to publish the final regulation on Borrower Defenses to Repayment in the Federal Register.
· On Tuesday at 1:00 p.m., Academic Impressions hosts a webinar titled, “Tuition: Raise It, Lower It, or Stay the Course?” The webcast will provide an in-depth, example-based overview of different pricing models and key considerations that should go into a decision to raise, lower, or maintain tuition. Participants will be able to place their tuition setting decisions within a macro context, clearly frame the arguments for various tuition strategies, assess the risks associated with each course of action, and explain the implications of different tuition strategies on enrollment and net tuition revenue. The webinar will be of greatest benefit to leadership from enrollment management, finance, business, marketing, and financial aid. For details and to register, visit the Academic Impressions website.
· On Wednesday and Thursday, all day, American Student Assistance (ASA) hosts a “National Summit on Solutions for Student Debt” in Boston, MA. National experts in higher education policy, behavioral economists, business leaders, student borrowers, and government leaders will discuss concrete solutions for alleviating the burden of student loan debt for students, employees, entrepreneurs, and the leaders of tomorrow. Discussion topics include: The Growing Impact of Student Debt on Unexpected Industries; Minimizing the Risk of Borrowing for Education; Better Serving Populations Negatively Impacted by Student Debt; Encouraging the Right Level of Borrowing with College Savings Plans; Borrowing More Wisely and Choosing the Right Financial Fit; Changing College Delivery Models to Lessen Amounts Borrowed; Using Behavioral Science Tools to Improve Borrower Outcomes; Managing Debt by Changing Who Pays: Employer Loan Repayment; Managing Debt by Changing How We Pay: A Look at Income Share Agreements; How Are Schools Helping Their Students Lower Debt and Manage it Better?; and How Are Student Borrowers Mobilizing to Take Control of the Student Debt Issue? For additional details on attending the summit, visit the ASA website.
· On Friday at 9:00 a.m., the American Enterprise Institute holds a discussion titled, “Why has Economic Growth Been So Slow, and How Can We Speed it Up?” Lawrence Summers, President Emeritus, Harvard University, and Robert Barro, Paul M. Warburg Professor of Economics, Harvard University, talk with Greg Ip, Editor-in-Chief, The Wall Street Journal about economic stagnation, our nation’s current economic weaknesses, and how policymakers should respond to these developments.
Week of November 7
The NCHER Daily Briefing will be on a publishing break next Monday, November 7, through Wednesday, November 9, due to the 2016 Knowledge Symposium.
· This week, both the U.S. House and U.S. Senate are in recess. Lawmakers will return to legislative business on Tuesday, November 14, following the general election..
· On Monday at 3:00 p.m., the Federal Reserve releases its “Consumer Credit – G.19” report, which includes the amount of outstanding federal and private student loans.
· On Tuesday, all-day, general elections are held throughout the United States, including the election for President and key races for control of the U.S. House of Representatives and the U.S. Senate.
· On Thursday at 8:45 a.m., the American Enterprise Institute (AEI) hosts a panel discussion titled, “What Will the 2016 Election Mean for Education?” The event will analyze what the 2016 election means for early childhood education, K-12 schooling, and higher education. Panelists include: Jason Delisle, Resident Fellow, AEI; Frederick Hess, Resident Scholar and Director of Education Policy Studies, AEI; Alyson Klein, Reporter, Education Week; Gerard Robinson, Resident Fellow, AEI; Scott Sargrad, Managing Director, K-12 Education Policy, Center for American Progress; and Katharine Stevens, Research Fellow, Education Policy Studies, AEI. Andy Smarick, Resident Fellow, AEI, will serve as moderator.
This information is shared by SASFAA's Legislative Affairs' Committee and NCHER.