Washington Report

House Panel Approves Reauthorization Legislation
Members of the U.S. House Committee on Education and Labor have reported to the full House legislation to reauthorize the Higher Education Act. Read more.

House Fails to Override Veto of Spending Measure Including Student-Aid Funds
The U.S. House has failed to override President Bush’s veto of a 2008 spending measure that includes funds for major federal student-aid programs. Learn more.

USA Funds Update

U.S. Dream Academy Adds Indianapolis Learning Center, With Help of USA Funds
USA Funds^® is helping to fund the opening of a learning center that will provide after-school-education programs for children of prisoners and children in danger of school failure due to a lack of proper academic, social and financial support. Wintley Phipps, U.S. Dream Academy founder and CEO, was in Indianapolis recently to announce the opening of his organization’s latest center. Learn more.

USA Funds-Sponsored Magazines Focus on College and Careers
USA Funds provided financial support for publications that help Indiana, Mississippi and Louisiana students make plans for education and careers after high school. Read more.

Debt-Management Perspectives

Outstanding Loan Counseling Can Lead to Default-Prevention Success
Connie Schmidt, a USA Funds debt-management consultant, offers financial-aid administrators advice about how student-loan-counseling programs can enhance debt-management and default-prevention efforts. Read more.

Operations Bulletin

Lenders May File Claims With Copies of Death Certificates
USA Funds now will permit lenders to file with each death claim a copy of an original death certificate, or a copy of a certified copy of the certificate. Learn more.