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Today's News for Wednesday, July 23, 2014 
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Senate Democrats Propose Elimination Of Origination Fee, Other Changes To Loan Programs

Tom Harkin (D-IA), chairman of the Senate Committee on Health, Education, Labor and Pensions (HELP), introduced a comprehensive Higher Education Act reauthorization bill on June 25. The Higher Education Affordability Act (HEAA) Discussion Draft Language 6.25.14.pdf, which includes several provisions for which NASFAA has been advocating, takes the form of a discussion draft and marks the HELP Committee’s first step toward reauthorization of the Higher Education Act. This article is the fifth in a series examining the HEAA.

Case Study: IU Harnesses Student Borrowing Data to Curb Debt

Financial aid officers across seven Indiana University campuses combined strategy, transparency, and technology to alert enrolled borrowers annually of their total accumulated debt and estimated post-graduate monthly payments. Just two years later, administrators are already seeing the results.

Report: Push Needed To Implement Performance Standards For Under-Performing Colleges

In a period when obtaining a quality higher education is an economic imperative for many, academic institutions should be subject to performance standards to create a minimum quality benchmark in the industry. It has been found certain colleges do a far better job than others, which impacts students considerably, according to a new report released by The Education Trust.

Be The 3000th Person To 'Like' NASFAA's Facebook Page And Win A Prize!

NASFAA is less than 10 "likes" away from reaching 3,000 followers on Facebook and the 3,000th person to like us on Facebook will receive a free NASFAA t-shirt! We thank our current followers for all their support! If you're interested in engaging with us on other platforms, you can get access to photos, news, updates from NASFAA, and more by following us on Twitter, connecting with us on LinkedIn, and subscribing to our YouTube channel.

Bookmark NASFAA's Career Center On Your Mobile Phone Or Tablet

NASFAA's Career Center is the definitive career resource for financial aid professionals! The Career Center offers free job searching and resume posting, as well as discounted job posting rates and special offers for NASFAA members. You can even use the Career Center while on the go-- the mobile version is now available and will automatically come up when you access the Career Center from your smart phone or tablet. Get more visibility when you upgrade your job posting to Preferred status – your posting will appear on the Career Center home page as a featured job in addition to appearing at the top of the job listing!


ANN-14-14: Webinar Recording - Software Developers June 2014 Webinar

This letter announces the availability of Federal Student Aid's recording of a June 2014 webinar that provided detailed operational updates for software developers.


National News

Colleges Must Help Further The Goals Of Common Core Standards, Report Says

"Higher education cannot afford to sit on the sidelines as states and secondary schools devise common standards that seek to define who's ready for college, according to a report released on Tuesday by the New America Foundation," The Chronicle of Higher Education reports.

Affordable Options

"Intensive advising programs can result in significant savings for low-income students going to college, according to a new research paper, but many high schools lack the sort of resources the paper discusses," Inside Higher Ed reports.

3 Ways Harvard President Drew Faust Measures Colleges

"By 2015, the Obama administration will evaluate colleges on average tuition cost, low-income student enrollment, graduation rates and job earnings after graduation," Marketplace reports.

State News

Illinois: Educate Yourself To Avoid Financial Aid Scams, BBB Says

"The Better Business Bureau serving Chicago and Northern Illinois is recommending that prospective college students, current students and their families carefully research student loan programs and offers in order to avoid financial aid scams," ABC 7 reports.

Blogs and Think Tanks

Accreditor Won't Reconsider Decision On City College Of San Francisco

"The Accrediting Commission for Community and Junior Colleges said on Monday that it would not reconsider its 2013 decision to revoke City College of San Francisco's accreditation, after an independent appeals panel ordered the commission to review the college's compliance with accreditation standards," according to The Chronicle of Higher Education's blog The Ticker.


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