Clare McCann

Student Loan Interest Rates Reset for AY 2014-15

Today, the Treasury Department announced the outcomes of its auction on 10-year notes. For new and returning student loan borrowers, that means the results are in on the interest rates they’ll pay on any federal loans they take out this year. And while the new rates will be higher than they were last year–when they were… Read more »

Mapping the 2015 Budget Battlefield

This post originally appeared on Forbes. Follow New America’s publications on Forbes here. Almost six months shy of the start of the new fiscal year, lawmakers are already quietly planning to skip passing a budget—at least for the first few months, until after the contentious November elections—in favor of a temporary continuing resolution. But short of an electoral victory that leads… Read more »

CBO Finds Third Consecutive Year of Good News on Pell Costs

Yesterday, the Congressional Budget Office announced some more good news for members of Congress: For the third consecutive year, the Pell Grant funding cliff is smaller and further away than we thought. After a few shaky years of funding during the recession, the updated CBO baseline will surely come as welcome news to lawmakers facing… Read more »

CCDBG Reauthorization a Must for House Republicans

At least in recent years, Congress is usually where educational improvements go to die. But last month, the Senate passed a reauthorization bill for the Child Care and Development Block Grant. Senators sent the bill over to the House, where Education and Workforce Committee Chairman John Kline (R-MN) held a hearing. But what happens next… Read more »

Whoa! Do 45 Federal Programs Really Fund Early Care and Education?

Last week, the Senate Health, Education, Labor, and Pensions (HELP) Committee held a hearing on the Strong Start for America’s Children Act, a bill that would help expand state pre-K programs. While there is support among Senate Democrats for the bill, there is less among Senate Republicans. Instead, Senate Republicans want to streamline existing programs… Read more »