reform

Something so simple, so easy: end tens of billions of dollars in bank subsidies to the private lending industry and return much of the savings back into the hand of students, with the Department of Education providing loans to students directly. A no-brainer right? Well reform may be a no-go, if six Senate Democrats have their way. more »

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An emergency rally for health care reform was held yesterday at noon outside the U.S. Chamber of Commerce. more »

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Recently the Secretary of Education, Arne Duncan, advised college financial administrators that with the likely passage of the Student Aid and Fiscal Responsibility Act (SAFRA) in the Senate, universit more »

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The Obama administration realizes that our education system is lagging, but the recently announced ‘Race to the Top’ initiative may not be the solution. The Department of Education’s ‘Race to the Top’ puts up for grabs almost $5 billion of federal dollars to states that devise innovations and demonstrate improvements in K-12 education. This program is a good start in theory, but the fine print promotes broad, sweeping changes that are cause for concern.

First, to be eligible, states are required to link performance with testing. This is similar to the failed No Child Left Behind policy that focused too much on student assessment, and too little on broader factors and gains, when gauging school quality. For those who forgot, NCLB showed little gains in student progress, with schools forced to teach to the test and tests emphasizing low level skills.

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Facing a stern veto threat from President Obama, the Senate voted to strip funding for the F-22 Raptor jet on Tuesday. The contentious vote came after the House authorized F-22 funding, and amid weeks of pushback between Administration officials and members of Congress – the former looking to rein in wasteful defense spending, the latter backed by the defense lobby. more »

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Ignoring earlier recommendations of the Secretary of Defense, Robert Gates, the 2010 defense bill throws funding lifelines to failed weapons systems slated to be cut. Resisting the call to reform, the House Armed Services Committee showcased their protection of the defense lobby instead. more »

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The Weapons Systems Acquisition Reform Act sponsored by Senators Carl Levin (D-MI) and John McCain (R-AZ) was intended to improve the Pentagon’s acquisition process, fraught with nearly $300 billion in cost overruns on 95 major weapons systems. more »

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