NASFAA Submits Comments to ED on Proposed Institutional and Programmatic Eligibility Regulations
June 20, 2023
Director of the Information Collection Clearance
U.S. Department of Education
400 Maryland Avenue SW
LBJ, Room 224-84
Washington, DC 20202-4537 Docket ID ED–2023–OPE–0089
To whom it may concern:
On behalf of the National Association of Student Financial Aid Administrators (NASFAA), we respectfully submit to the U.S. Department of Education (ED) our comments on ED’s proposed rules for Financial Value Transparency and Gainful Employment (GE), Financial Responsibility, Administrative Capability, Certification Procedures, and Ability to Benefit (ATB)
(Docket ID Docket ID ED–2023–OPE–0089).
NASFAA’s membership consists of more than 29,000 financial aid professionals at nearly 3,000 colleges, universities, and career schools across the country. NASFAA member institutions serve nine out of every 10 undergraduates in the United States.
While the benefits of postsecondary education have been well documented through decades of research, the value of a college degree has been challenged in recent years by some, potentially deterring prospective students from pursuing higher education. Accountability and transparency are some of the best defenses against arguments that college is not worth the significant investment of time or money. Students deserve to know their postsecondary institution offers a quality education that will help them reach their goals, whatever those may be.
