This Week In Washington
While the House was on recess this week, the Senate was in session, debating its fiscal year 2018 budget resolution on the floor. They passed it by a vote of 51-49 last night. You will recall that two weeks ago the House passed its budget resolution that contained instructions to its education committee to cut $20 billion of mandatory spending, which could mean substantial cuts in benefits to law students through the elimination of critical loan and loan forgiveness programs. However, the Senate’s budget resolution did not include reconciliation instructions to its education committee.
Typically, both chambers would conference and work out the differences between the two resolutions. But it was reported last night that the House and Senate negotiated a deal that would allow them to move forward on a tax bill through the reconciliation process without the need to conference the two resolutions. At this time, it is unclear what this negotiation will mean for federal student aid programs. We will keep a close watch on this process as it unfolds and keep you posted on the latest developments.
The following bill was recently introduced for consideration by the 115th Congress (2017-2018):
H.R. 4048 – Higher Education and Employment Transparency Act [Rep. Andre Carson (D-IN)] would require higher education institutions to provide students with the employment and earnings information of former students disaggregated by institution, program of study and completion status of students.