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Week of December 5
- This week, both the U.S. House and U.S. Senate are in
session for legislative business. While neither chamber is expected
to consider student financial aid-related legislation, Congress is
expected to pass a Continuing Resolution to provide discretionary
funding to the U.S. Department of Education through May 2017.
- On Tuesday at 9:00 a.m., the White House Initiative on Educational
Excellence for Hispanics holds a public meeting to discuss the
transition of the Obama Administration as it pertains to Hispanics
and education-related issues and provide recommendations for the
initiative in 2017.
- On Tuesday at 9:30 a.m., the Urban Institute holds a discussion titled,
“Community Colleges since the Great Recession,” which will highlight
variation among institutions and differences across state systems,
along with tested policy and institutional solutions that bolster
student success and economic development. Participants include: David Baime,
Senior Vice President for Government Relations and Policy Analysis,
American Association of Community Colleges; Sandy Baum,
Senior Fellow, Income and Benefits Policy Center, Urban Institute; Lauren Eyster,
Senior Research Associate, Income and Benefits Policy Center, Urban
Institute; Dan
Phelan, President, Jackson College; Margery Austin Turner,
Senior Vice President for Program Planning and Management, Urban
Institute; and moderator David
Wessel, Director, Hutchins Center on Fiscal and
Monetary Policy, Senior Fellow in Economic Studies, Brookings
Institution.
- On Wednesday at 10:00 a.m., the House Agriculture Committee holds a hearing
entitled, “1890 Land-Grant Institutions: Recruitment Challenges and
Scholarship Opportunities.” Witnesses will be announced at a later
date.
- On Wednesday at 2:00 p.m., New America hosts an event titled, “Beyond the
Classroom: Strategies for Integrating the Worlds of Work and
School,” which will highlight the release of a new report by the
Organisation for Economic Co-operation and Development (OECD) that
explores strategies for building effective work-based learning
systems. Commissioned by the U.S. Department of Education,
Work-based Learning for Youth at Risk: Getting Employers on Board
draws on the OECD’s extensive international research to identify
best practices in work-based learning and strategies for overcoming
one of the key challenges to scaling: engaging employers.
Participants include: Andreas
Schleicher, Director, Directorate of Education and
Skills, OECD; Johan
Uvin, Acting Assistant Secretary, Office of Career,
Technical, and Adult Education, U.S. Department of Education; Portia Wu,
Assistant Secretary, Employment and Training Administration, U.S.
Department of Labor; Crystal
Bridgeman, Senior Director, Workforce Development
Programs, Siemens Foundation; Thaddeus
Ferber, Vice President, Policy Advocacy, The Forum
for Youth Investment; Angela
Hanks, Associate Director, Workforce Development
Policy, Center for American Progress; Cassius Johnson,
Senior Director of Public Policy and Government Affairs, Year Up; and
moderator Mary
Alice McCarthy, Director, Center on Education and
Skills, New America.
- On Wednesday 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 Thursday at 2:00 p.m., Neustar hosts a free webinar titled, “Achieving
Communication Efficiencies in a Changing TCPA and Regulatory
Environment.” Participants will learn from a panel of experts about
the latest Telephone Consumer Protection Act (TCPA) rulings and the
impact on organizations that call and text consumers, as well as the
effects the Trump administration could have on the Consumer
Financial Protection Bureau and TCPA regulations. Participants
include: Becky
Burr, Chief Privacy Officer, Deputy General Counsel,
Neustar; Mark
Brennan, Partner, Hogan Lovells; Brad Day,
Principal/Chief Executive Officer, Dey’s End Consulting; and Mitchell Young,
Executive Director, Fraud, Risk, and Compliance, Neustar. To
register, visit the Neustar website.
- On Friday at 1:00 p.m., Academic Impressions hosts a webinar titled,
“Strengthening Admissions and Financial Aid Partnerships,” which
will take a strategic approach to partnering admissions and
financial aid offices to better serve prospective students and
families. The webinar will share two practical and proven partnership
models between admissions and financial aid, take an in-depth look
at each model, and discuss next steps for implementation on
campuses. For details and to register, visit the Academic Impressions website.
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Gov. Christie Signs Legislation That Forgives
HESAA Loans After Student Death
Politico reports that New Jersey Gov.
Chris Christie signed legislation today that forgives Higher Education
Student Assistance Authority (HESAA) loans of students who die or are
permanently disabled. The new law also grants loan deferments
in the case of temporary disabilities. According to the Office of
Legislative Services, the law will mean a “minimal loss” of state revenue,
costing $1.4 million the first year, $1.5 the second, and $1.6 the third.
Student Debt Activists Appeal One Last Time to
Obama
In a video released today by the Debt
Collective, student activists are giving one final push for the U.S.
Department of Education to complete group discharges of the debt owed by
those who took out federal loans to attend for-profit schools such as
Corinthian Colleges and ITT Tech. Activists are not confident that the
Trump Administration will be as forgiving or receptive to their claims
and are requesting that President Obama erase their debts before leaving
office. As previously reported in the Daily
Briefing, the Department said it will take until at least
spring to wade through its backlog of tens of thousands of debt relief
claims.
Pamela Hunt, a former Corinthian Colleges student, appealed directly to
President Obama in the video and pleaded that he forgive her debt and the
debt of other defrauded students. “I believe that as a parting good faith
gesture, that you forgive us of this debt,” she said. “We’re appealing to
you this one last time. This is our last chance to get the justice we
deserve.”
Memorandum: An Overview of the Budget
Reconciliation Process
As the Obama Administration winds down and the Trump
Administration and 115th Congress gear up for a new beginning, several
pieces of legislation will no doubt be reviewed as the next budget comes
into play. The Penn Hill Group has written a memorandum to provide an
overview of the budget reconciliation process and its use in moving major
spending and revenue-related legislation. The memorandum also touches
briefly on the Congressional budget resolution process, in order to
explain how Congress begins the process of establishing and moving
reconciliation measures. Congressional leaders have announced the
possibility of using the budget reconciliation process to address several
major legislative efforts in 2017, including the repeal of the Affordable
Care Act (Obamacare), major tax changes, and modifications to education
and workforce programs. The Penn Hill memo is included in the expanded
version of today’s Daily
Briefing.
Fall 2010 Cohort Outcomes: Decline in College
Completion Rates Reverse and Lead to Upward Trajectory
According to the National Student Clearinghouse Research
Center’s Signature Report, Completing College: A
National View of Student Attainment Rates – Fall 2010 Cohort,
recent declines in the overall national six-year completion rates have
reversed and are now on an upward trajectory. The effects of the Great
Recession on higher education included enrollment surges, followed by
declines in completion rates, for the 2008 and 2009 entering cohorts.
Even though each of these cohorts had more students graduating than the
prior cohort, completion rates had declined at the national level for
every institution type and all student subgroups. The data shows that for
the fall 2010 cohort, the overall national six-year completion rate
rebounded to 54.8 percent, an increase of 1.9 percentage points from the
2009 cohort. This comprehensive rate includes all students, including
those enrolling part-time and full-time at all two-year and four-year
institutions. The fall 2010 cohort’s completion rate resulted in 55,000
more graduates six years later than that for the fall 2009 cohort.
Furthermore, increases in completion rates occurred for students in all
categories of enrollment intensity (exclusively full-time, exclusively
part-time and mixed enrollment). Increases also were observed in
completion rates of both traditional-age students and adult-learners.
Other key data points include:
·
For students who started at four-year
public institutions, the completion rate for the fall 2010 cohort
increased 1.2 percentage points to 62.4 percent, compared to that of the
fall 2009 cohort. The increase was mostly attributable to larger numbers
of students graduating from their starting institution.
·
The total completion rate for two-year
starters, regardless of whether the completion occurred at a two-year or
four-year institution, increased from 38.1 percent for the fall 2009
cohort to 39.3 percent for 2010 students. Sixteen percent of the two-year
starters had completed a degree at a four-year institution by the end of
the study period, up from 15.1 percent for the fall 2009 cohort and very
close to the completion rate for the fall 2008 cohort, 16.2 percent.
·
The completion rate for students who
started in four-year, private, nonprofit institutions increased to 73.9,
from the fall 2009 cohort’s 71.5 percent. Much of the improvement was
attributable to older students.
·
The rate rebounded for those who started
in four-year, for-profit institutions, after dramatic declines of the
previous two cohorts. In last year’s report, the research showed a 5.6
percentage point decrease for the fall 2009 cohort from that of the
previous year, from 38.4 to 32.8 percent. The completion rate went up to
37.1 percent for the fall 2010 cohort.
·
The share of students who had earned no
degree and were no longer enrolled in the final year of the study period
decreased by 1.1 percentage points, from 33.0 percent for the fall 2009
cohort to 31.9 percent for the fall 2010 cohort.
·
The overall completion rate for full-time
students starting at four-year institutions (including public, private
non-profit and for-profit) was 81.3 percent, if they stayed full-time.
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