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Section: April 1998

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From Capital to Campus. . .

Institutions of higher education would be permitted to offer voluntary age-based retirement incentives to tenured faculty under a plan being considered in Congress.
NEA supports voluntary early retirement incentives. But the Association will oppose the measure, unless it requires that such voluntary retirement offers be the mandatory subject of collective bargaining where appropriate.
In places where collective bargaining is not in effect, such voluntary retirement incentives should be subject to the normal governance process of the institution. NEA also recommends that such incentive plans also be made available to staff.?

Two House leaders have a plan to end the debate over student loan interest.
The plan, proposed by the top Democrat and the Republican chair of the higher education subcommittee, would lower the rate to 6.8 percent while a student is in college and 7.4 percent afterward.
Lenders would get paid as if the interest rate was 7.2 percent while students are in college, and 7.9 percent after they leave, with the difference made up by the federal government...

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