August 18, 2023

Higher Ed Policy Roundup: Vol. 7 - Issue 28

Policy and Advocacy

 

This Week in Washington

On Monday, a federal judge dismissed a lawsuit brought against the Biden-Harris Administration to stop a plan to provide federal student loan borrowers with a one-time income-driven repayment payment count adjustment. Recall that the Mackinac Center for Public Policy and Cato Institute brought the suit alleging that the Education Department did not follow the proper negotiated rulemaking process and that the payment count adjustment would reduce the benefits of the Public Service Loan Forgiveness (PSLF) program. In the decision, the judge ruled that the organizations lacked standing to bring the suit.

News You Can Use

An analysis published by the Institute for Higher Education Policy revealed that unmet financial need among college students is enunciated for students who received federal Pell Grants.

A study from Credit Karma indicated that 45% percent of federal student loan respondents anticipate going delinquent on their loan payments once forbearance ends.

Recent Legislation

There were no relevant student-aid related bills recently introduced for consideration by the 118th Congress (2023-2024).