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Week of July 6, 2020

  • This week, both the U.S House of Representatives and U.S. Senate are in recess for the Independence Day holiday. Both chambers will return to legislative business on Monday, July 20, 2020.
  • On Tuesday at 12:00 p.m.,., the House Education and Labor Subcommittee on Higher Education and Workforce Investment holds a hearing titled, “A Major Test: Examining the Impact of COVID-19 on the Future of Higher Education.” Witnesses for the hearing include: Dr. Sharon Pierce, President, Minneapolis College; Dr. Timothy White, Chancellor, California State University; Scott Pulsipher, President, Western Governors University; and Dr. Shaun Harper, President, American Educational Research Association. The virtual hearing will be livestreamed on the committee website.
  • On Tuesday 5:00 p.m., the House Appropriations Subcommittee on Labor, Health and Human Services, Education, and Related Agencies meets in executive session to consider its Fiscal Year 2021 appropriations bill. The markup session will be livestreamed on the committee website .
  • On Wednesday at 11:00 a.m., the Congressional Budget Office releases its Monthly Budget Review for June 2020, which includes an analysis of federal spending and revenues for the previous month and the fiscal year to date. The monthly reviews, which are based on information from the U.S. Department of Treasury, provide information on the monthly status of outlays, receipts, and the deficit or surplus .
  • On Wednesday at 12:00 p.m., the Federal Reserve Bank of New York releases a five-part series exploring inequality in accessing credit markets, including heterogeneity based on race, age, geography and income, and its implications for economic well-being. The series will include the following posts: "Measuring Racial Disparities in Higher Education and Student Debt Outcomes" investigates how inequality in college attendance shapes heterogeneity in student loan and repayment outcomes; and "Do College Tuition Subsidies Boost Spending and Reduce Debt? Impacts by Income and Race" builds on previous research to explore how tuition assistance programs may affect spending behaviors, debt balances and delinquencies, and focuses on differences in these patterns by age, income, and race. For more information on the blog series, visit the New York Fed’s website
  • On  Wednesday at 12:00 p.m.., New America hosts an event titled, “How You Say It Matters: Communicating Predictive Analytics Findings to Students.” According to the invite, predictive analytics has taken higher education by storm, with its promise of closing equity gaps, raising student retention rates, and increasing tuition revenue by keeping students enrolled. But clean data and algorithms alone cannot create change; action is necessary. Communicating the findings of these predictive systems to students is a vital step in successfully using predictive analytics and doing so equitably is of utmost importance. A panel of experts who have successfully implemented predictive analytics at their campus will discuss institutional challenges and solutions with communicating analytics findings and messaging strategies for diverse populations. Participants include: Alejandra Acosta, Policy Analyst, Education Policy Program, New America; Dr. Elizabeth Adams, Associate Vice President of Undergraduate Studies, California State University, Northridge; Candice Lindsey Fifield, Chatbot Project Director, Georgia State University; Dr. Tiffany Mfume, Assistant Vice President for Student Success and Retention, Morgan State University; and Iris Palmer, Senior Advisor for Higher Education and Workforce, Education Policy Program, New America. For more information on the event, visit New America’s website .
  • On Wednesday at 1:00 p.m. , the House Appropriations Subcommittee on Financial Services and General Government meets in executive session to consider its Fiscal Year 2021 appropriations bill. The markup session will be livestreamed on the committee website.  
  • On Wednesday at 3:00 p.m. , the Federal Reserve releases its “Consumer Credit – G.19” report, which includes the amount of outstanding federal and private student loans.  
  • There are no further public events on higher education finance-related issues.
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