In a recent Inside Higher Ed article, Thompson Coburn partner Scott Goldschmidt provided an inside look at how the Department of Education and its rulemaking committee reached agreement on implementing Congress's new loan caps. While negotiators achieved consensus Thursday, Scott noted that not everyone walked away satisfied.
Scott said negotiators appeared "largely unwilling to risk losing the concessions already secured, especially given concerns about what the department might do if left free to return to its more restrictive starting point."
Read the full article here.