Congressional Hearing on Federal Student Aid Policies
January 1, 2022
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The Frame
This hearing serves as a formal oversight mechanism for the agency responsible for managing federal student loan programs, which impact millions of borrowers and billions of dollars in federal education funding.
Potentially affected actors named in the source documents. Mention is not a position.
Federal student loan borrowers
Borrowers are subject to the policies and administrative priorities managed by the Office of Federal Student Aid.
U.S. Department of Education
The Department is subject to congressional oversight regarding the management of its student aid programs.
Last recorded activity January 1, 2022.
Next step not available in the current record.
Summary
Key Facts
- The hearing took place on October 27, 2021, via Zoom.
- The hearing was conducted by the Subcommittee on Higher Education and Workforce Investment of the U.S. House Committee on Education and Labor.
- Richard Cordray, Chief Operating Officer of the Office of Federal Student Aid, served as the primary witness.
- The hearing resulted in a series of questions submitted for the record by various members of Congress, including Chairman Scott, Chairwoman Wilson, and Ranking Member Foxx.
- Richard Cordray provided formal responses to questions submitted for the record following the hearing.
Frequently Asked Questions
What is the purpose of this hearing?
Who testified at this hearing?
Why It Matters
This hearing serves as a formal oversight mechanism for the agency responsible for managing federal student loan programs, which impact millions of borrowers and billions of dollars in federal education funding.
News Coverage
Sponsors
Discoveries
Patterns POLISCOPE noticed across the record. These are observations to investigate, not conclusions.
Extensive Post-Hearing Record
The document highlights a significant volume of follow-up questions submitted for the record by a wide range of committee members, indicating high interest in specific policy details.
Connected Entities
Sources
www.govinfo.gov
Analysis Score
0–100- Significance60How much this matters to a regular citizen
- Controversy20Intensity of disagreement among stakeholders
- Entertainment5Compellingness for a non-policy-wonk reader
- Buzz10Current news / social attention level
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