Treasury
3-MO 3.90% +6bp 6-MO 4.02% +8bp 1-YR 4.15% +11bp 2-YR 4.34% +14bp 3-YR 4.41% +11bp 5-YR 4.48% +10bp 7-YR 4.59% +7bp 10-YR 4.73% +6bp 20-YR 5.21% +3bp 30-YR 5.22% +3bp 3-MO 3.90% +6bp 6-MO 4.02% +8bp 1-YR 4.15% +11bp 2-YR 4.34% +14bp 3-YR 4.41% +11bp 5-YR 4.48% +10bp 7-YR 4.59% +7bp 10-YR 4.73% +6bp 20-YR 5.21% +3bp 30-YR 5.22% +3bp 3-MO 3.90% +6bp 6-MO 4.02% +8bp 1-YR 4.15% +11bp 2-YR 4.34% +14bp 3-YR 4.41% +11bp 5-YR 4.48% +10bp 7-YR 4.59% +7bp 10-YR 4.73% +6bp 20-YR 5.21% +3bp 30-YR 5.22% +3bp 3-MO 3.90% +6bp 6-MO 4.02% +8bp 1-YR 4.15% +11bp 2-YR 4.34% +14bp 3-YR 4.41% +11bp 5-YR 4.48% +10bp 7-YR 4.59% +7bp 10-YR 4.73% +6bp 20-YR 5.21% +3bp 30-YR 5.22% +3bp 3-MO 3.90% +6bp 6-MO 4.02% +8bp 1-YR 4.15% +11bp 2-YR 4.34% +14bp 3-YR 4.41% +11bp 5-YR 4.48% +10bp 7-YR 4.59% +7bp 10-YR 4.73% +6bp 20-YR 5.21% +3bp 30-YR 5.22% +3bp 3-MO 3.90% +6bp 6-MO 4.02% +8bp 1-YR 4.15% +11bp 2-YR 4.34% +14bp 3-YR 4.41% +11bp 5-YR 4.48% +10bp 7-YR 4.59% +7bp 10-YR 4.73% +6bp 20-YR 5.21% +3bp 30-YR 5.22% +3bp
US Treasury par yield curve · Aug 28 · Source: U.S. Treasury
Monday, August 31, 2026
U.S. Edition
WC Docket No. 26-133, FCC 26-41

The FCC is asking whether Head Start and pre-kindergarten pupils should keep E-Rate support at all, and whether schools should be made to subtract them from their funding requests

Fibre optic and network cables plugged into a switch in a data centre, seen from below. A generic illustration of networks and connectivity, not a photograph of any specific system. Stock photo
Stock photo. Not the actual scene. Photo: Brett Sayles / Pexels

The Federal Communications Commission adopted this notice on June 25 and released it the next day. It reached the Federal Register on Thursday, seven weeks later, which is when the comment clock actually starts running.

What it asks is broader than the title suggests. The Commission is reviewing whether the E-Rate programme, which subsidises internet access for schools and libraries, still matches what Congress wrote, and it has put several long-settled features of the programme back on the table at once.

Head Start and pre-kindergarten

The sharpest question in the notice concerns the youngest children the programme reaches.

Eligibility for them is currently a matter of state law. Twenty-nine states and territories count Head Start facilities and students inside their definition of elementary education, and 34 do the same for pre-kindergarten. In funding year 2025 that produced about $15.5m committed to Head Start facilities and students, of which $7.4m has been disbursed, and about $43.9m committed to pre-kindergarten, of which $21.6m has been disbursed.

The Commission asks whether both groups should continue to receive support, and whether schools should be required to cost-allocate them out of their funding requests. It grounds the question in a claim it makes without naming a source: that experts recommend children under the age of five limit internet access to one hour a day or less, and are harmed by longer use. It then asks whether reducing support would be reasonable if the benefits of limited access are low and the possibility of harm is high. An alternative in the same passage would keep eligibility only for Head Start and pre-kindergarten facilities that sit inside a public school or district.

The filter question

The Children's Internet Protection Act has been read the same way for a quarter of a century. It applies to a school or library with respect to "any of its computers with Internet access", and the Commission has taken the possessive literally: the obligation covers hardware the institution owns.

The notice asks whether that is the best reading. When the statute was written in 2000, school-owned devices were the default and pupils did not bring their own. The Commission asks whether Congress intended an arrangement in which a school-issued device must protect a child while a personal device on the same network need not, and, in the alternative, whether the obligation should attach to any device connecting to the internet through an E-Rate supported service regardless of who owns it. It asks whether schools should prevent third-party devices from connecting at all, and whether they have the technical means to tell a school device from a personal one, or an adult user from a minor.

What else is open

Wi-Fi on school buses and hotspots for pupils were added to the programme in 2023 and 2024. The Commission describes those additions in this document as inconsistent with the statute and notes they were reversed in 2025, and asks whether similar expansions warrant reconsideration. The regulatory text at the foot of the notice removes section 54.1716 outright.

Two further questions carry weight. One asks whether support for self-provisioned networks and dark fibre remains justified given the federal broadband programme now running alongside it, or whether it should be limited or eliminated. The other asks whether the presumption that activities on school or library property serve an educational purpose, and are therefore eligible, should be reversed.