August 23rd, 2013
06:00 AM ET
8 months ago

Obama: Conservatives, liberals share blame on college cost spike

(CNN) – The skyrocketing cost of a college education has been fueled both by liberals who haven't demanded that colleges control costs, and conservatives who downplay the burden placed on students, President Barack Obama told CNN in an exclusive interview Friday.

The president, speaking with CNN "New Day" anchor Chris Cuomo, said he was working to forge a middle ground in his latest bid to help students graduate college with less debt.
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Filed under: Education • President Obama
Obama schools on college costs
August 22nd, 2013
12:40 PM ET
8 months ago

Obama schools on college costs

Updated at 8:12 p.m. ET on 8/22

Binghamton, New York (CNN) - President Barack Obama kicked off a two day bus tour in upstate New York Thursday, unveiling plans to change the way the federal government will award federal student aid to colleges and universities.

Complaining that "college has never been more expensive," the president said to students at the University at Buffalo that "a higher education is the single best investment you can make in your future."
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Filed under: Education • New York • President Obama
Funding cuts hit 57,000 preschoolers
August 19th, 2013
01:08 PM ET
8 months ago

Funding cuts hit 57,000 preschoolers

Washington (CNNMoney) – Federal spending cuts are hitting 57,000 children who would have started preschool in the next few weeks.

The Administration for Children and Families reported Monday that 51,299 fewer children will begin Head Start preschool programs and 5,966 fewer toddlers will enter Early Head Start programs due to the $85 billion in federal budget cuts called sequester.

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Filed under: Budget • Education
GOP urges schools to emphasize 'founding principles'
August 16th, 2013
01:08 PM ET
8 months ago

GOP urges schools to emphasize 'founding principles'

Boston (CNN) - Members of the Republican National Committee backed a resolution Friday calling on state legislatures to pass legislation "supporting the changing and teaching" of American history to put a greater emphasis on the country's "founding principles."

"School children of the United States of America should understand the sacrifice that has been made for the God-given liberty so that a strong Constitutional Republic in the United States may be secured for future generations," reads the resolution, which passed by a voice vote at Friday's general session of the RNC.
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Filed under: Education • RNC
Obama signs student loan bill
August 9th, 2013
03:07 PM ET
8 months ago

Obama signs student loan bill

Washington (CNN) – President Barack Obama signed bipartisan legislation into law Friday that will temporarily reduce rates people pay on their student loans from the government.

In the immediate, interest rates will go down to 3.86% for undergraduate students and 5.41% for graduate students.
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Filed under: Congress • Education • President Obama
Congress OKs cheaper student loans
July 31st, 2013
06:40 PM ET
9 months ago

Congress OKs cheaper student loans

Washington (CNNMoney) - The House on Wednesday approved a bipartisan that ensures lower interest rates on loans for students heading to college this fall.

Members of the House voted 392 to 31 to lower rates for undergraduates taking out government loans this school year to 3.86% - cheaper than the 6.8% interest rate that kicked in on July 1. The new rates would be retroactive and apply to loans taken out after July 1.

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Filed under: Congress • Education
Senate passes student loan measure
July 24th, 2013
06:36 PM ET
9 months ago

Senate passes student loan measure

Washington (CNNMoney) - The Senate on Wednesday approved a bipartisan deal that ensures lower interest rates on loans for students heading to college this fall.

Senators voted 81 to 18 to lower interest rates for undergraduates taking out government loans this school year to 3.86% - cheaper than the 6.8% interest rate that kicked in on July 1. The new rates would be retroactive and apply to loans taken out after July 1.

FULL STORY

Filed under: Education
Republicans pass ‘No Child Left Behind’ replacement
July 19th, 2013
07:09 PM ET
9 months ago

Republicans pass ‘No Child Left Behind’ replacement

Washington (CNN) – A Republican-backed attempt to give local and state governments greater power over their school systems, while reducing federal education funding, passed the U.S. House on Friday, though it was expected to face Democratic resistance in the Senate and President Barack Obama has vowed to reject it.

The measure was the first major attempt to replace the “No Child Left Behind” law that was signed by President George W. Bush in 2002, but later expired and has not been renewed.
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Filed under: Education
Cheaper student loans after Senate deal, for now
July 19th, 2013
07:16 AM ET
9 months ago

Cheaper student loans after Senate deal, for now

Washington (CNNMoney) - A bipartisan deal on student loans announced by a group of senators Thursday will help students, but only in the short-term.

According to the deal, undergraduates taking out loans this fall will pay just 3.86% in interest on new loans for this school year - cheaper than the 6.8% interest rate that kicked in on July 1. The new rates would apply for loans taken out after July 1.

FULL STORY

Filed under: Congress • Education • Senate
Tentative deal reached on Senate student loans package
July 17th, 2013
10:52 PM ET
9 months ago

Tentative deal reached on Senate student loans package

Washington (CNN) - A bipartisan group of senators reached a tentative agreement on a student loans package Wednesday night, multiple aides from each party said.

Sen. Tom Harkin, Democratic chairman of the committee that oversees federal education programs, agreed to the deal, one of those sources close to the negotiations told CNN.

FULL STORY

Filed under: Education • Senate
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