From: Shelley Repp from NCHELP (NCHELP.org)
The Congressional Budget Office has issued its estimate of the cost to the federal government of H.R. 4137, the College Opportunity and Affordability Act of 2007, as approved by the House Education and Labor Committee on November 15. This bill represents the House version of Higher Education Act reauthorization. In contrast to the budget reconciliation legislation enacted in September (which was a cost cutting and spending bill), the HEA reauthorization is referred to as a policy bill.......
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Blogs by this Author
Grijalva-Bishop Amendment on Student Loan Cohort Default Rate
- By News Staff
- Published 01/22/2008
Under current law, the "cohort default rate" is defined as the percentage of a school's borrowers who enter repayment during one fiscal year and then default prior to the end of the next fiscal year. ...