Business Services Industry
Reauthorizing HEA now critical: tackling student aid issues head-on, Rep. Holt `champions' the cause - Update
University Business, March, 2002 by Katherine Grayson
Claiming that at least 218 votes will be needed to pass the HEA (Higher Education Act) Reauthorization, the Hon. Rush Holt (D-NJ) recently warned educators meeting on Capitol Hill that they need to "keep up the drum beat" by working to get the word out in their own districts, and in Washington.
"I intend to be the champion for colleges and universities in the HEA Reauthorization process," Holt declared to much applause, but added that he needed input from educators regarding what the current HEA means, in practice. (What was right about the 1998 reauthorization? What was wrong?) As for the Pell Grant, "It's several decades behind the times," Holt commented. "This year's increase in the grant was good, but there's much more to do," he said, adding that the White House request for a rescinding of $1.3 billion in "low priority" education programs won't even cover the shortfall in funding for Pell Grant costs. "We need to figure out how to pay for the Pell Grant program at a level that makes it useful to families," he urged. "Family college decisions are based on that Pell Grant."
Improving the student loan program and lowering interest rates is a critical part of the current HEA reauthorization process, he maintained, and affirmed that his committee is trying to make sure that the current low interest rate on Stafford loans (due to expire in 2003) will be permanently reauthorized. He went on to advocate a careful examination of origination fee elimination, student aid packaging, and needs analysis. Pointing to students' increasing need for ways to fund college education, he also proposed a hefty increase in the amount of aid that schools must set aside for work/study programs.
The legislator--who is a member of the House Budget and Education, and Workforce Committees--also discussed the prospects for higher education-in-general, in the second session of the 107th Congress. Topping his list was the issue of student visa reductions, to which he commented: "Now is not the time to cut higher education off from the rest of the world, or to bar the rest of the world from our system." But, he said, he would be supporting bills to put more security measures into place, and to establish and monitor a student visa database. He also urged a shattering of the backlog in the higher education reporting bureaucracy. "No more useless reporting from schools!" Holt declared. "The government must use that reporting, or abolish it."
"It's time to get these things right," he said.
- 5 Rules for Immediate Annuities
- Death in the Family: 12 Things to Do Now
- Dumbest Things You Do With Your Money
- 6 Online Networking Mistakes to Avoid
- 401(k) Mistakes to Avoid
- 5 Economic Scenarios to Keep You Up at Night
- The Real ‘Best Places to Retire’
- Best Credit Cards for You
- 12 Tough Questions to Ask Your Parents
- The Real ‘Best Colleges’
- Home Buyer Tax Credit: How to Cash In
- Why You Shouldn’t Bash Cash
- 8 Phony 'Bargains' and Better Alternatives
- Danger: 3 Debit Card Scams to Avoid
- 6 Myths About Gas Mileage
- 29 Fees We Hate Most
- Quick and Easy Ways to Boost Returns
- Best Stocks to Buy Now
- Lower Your Taxes: 10 Moves to Make Now
- New Jobs: 8 Lessons from Real-Life Career Switchers
- The New Job Market: Who Wins and Who Loses?
- Health Care Reform's Public Option: Everything You Need to Know
- Volunteer Work When Unemployed: Should You Work for Free?
- Whose Recovery Is This?
- Long-Term-Care Insurance: 4 Biggest Risks to Avoid
Content provided in partnership with
Most Recent Reference Articles
- A Maryland state trooper gave Erik Bonstrom an $80 ticket for driving too slowly
- In California, postal worker Dean Hudson has been found guilty
- Alec Loorz, the 15-year-old founder of Kids vs. Global Warming and recent Brower Youth Award recipient, went to Congress in November for a press conference with Senators Barbara Boxer and John Kerry, who are championing legislation to stabilize US greenho
- ARAB EUROPEAN RELATIONS - Dec 22 - Russia Denies Selling Missile System To Iran
- EGYPT - Dec 29 - Opposition Says Mubarak Blessed Israeli Attacks
Most Recent Reference Publications
Most Popular Reference Articles
- Credit card debt on college campuses: causes, consequences, and solutions
- 9 questions to ask your new lover: what you were afraid to ask, but always wanted to know
- How Tyler Perry rose from homelessness to a $5 million mansion
- Rejoice anyway - Zephaniah 3:14-20, Philippians 4:4-7 - Living by the Word - Column
- Living by the word


