NASFAA October 4, 2023 Since this Summer, NASFAA has heard from an increasing number of members that their institutions have received a growing number of borrower defense claim notifications, leading to significant confusion as to how schools should handle these filings due to the rollout of regulatory updates, ongoing legal […]
The 74 Adam Echelman September 22, 2023 A revolution is in the making at California’s community colleges: No more grades, no more sitting through lectures or seminars, no more deadlines. In a pilot program taking shape across eight of the state’s community colleges, the only requirement for some associate degrees […]
NC SARA September 20, 2023 NC-SARA Announces New President Dr. Marianne Boeke brings more than two decades of experience in higher education policy, research and evaluation BOULDER, CO. (SEPTEMBER 20, 2023) – The National Council for State Authorization Reciprocity Agreements (NC-SARA) – a nonprofit organization that helps expand access to educational opportunities and ensure […]
The Hill Fred Burnside September 24, 2023 The Consumer Financial Protection Bureau faces a constitutional reckoning when the Supreme Court hears arguments on Oct. 3 in CFPB v. Community Financial Services Association of America. Trade associations successfully argued at the Fifth Circuit Court of Appeals that the CFPB’s structure violates the Appropriations Clause because […]
U.S. Department of Education September 20, 2023 Relief stems partly from evidence provided by the Federal Trade Commission, which obtained a $191 million settlement from the school in 2019 The Biden-Harris Administration today announced the approval of nearly $37 million in borrower defense to repayment discharges for more than 1,200 […]
PYMNTS September 14, 2023 The Consumer Financial Protection Bureau (CFPB) is looking into, and warning students about, the risks faced by students when entering into agreements with colleges for tuition payment plans. The regulator has released a report focused on these plans and the practices of school-based lenders. It will also continue gathering and […]
MARKETPLACE Stephanie Hughes September 15, 2023 The California State University system — the country’s largest public university system — will be raising its tuition by 6% a year for five straight years, starting in fall of 2024. That’ll be an overall increase of 33% when all is said and done. And […]
Inside Higher Ed Liam Knox September 18, 2023 In Inside Higher Ed’s annual survey, admissions leaders share their views on the Supreme Court’s affirmative action ban and other major changes in the sector. It has been a turbulent year for college admissions, marked by a landmark Supreme Court decision, an escalating […]
Politico Michael Stratford September 14, 2023 House Republicans on Thursday advanced legislation to overturn President Joe Biden’s new student loan repayment program that lowers monthly payments and caps interest. The House education committee voted 23-19, along party lines, to approve a resolution, H.J. Res. 88, that would block the new income-driven […]
NASFAA Maria Carrasco September 15, 2023 As financial aid offices deal with FAFSA simplification, administrative burden, staffing shortages, and more, a new survey found that a majority of financial aid professionals say they’re at least somewhat likely to look for other employment within a year. The survey, administered by the […]