Today's News

Today's News for Friday, May 22, 2015 
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3 Effects Of State Higher Education Funding Cuts

Years after the recession, its impact on state funding is still affecting colleges and students, according to a new report from the Center on Budget and Policy Priorities.

Senators Announce HEA Reauthorization Working Groups

Together Senate Education Committee Chairman Lamar Alexander (R-TN) and Ranking Member Patty Murray (D-WA) announced the creation of four bipartisan, full committee staff working groups to discuss key issues for the upcoming reauthorization of the Higher Education Act. Topics to be discussed include: accountability; accreditation; college affordability and financial aid; and campus sexual assault and safety. The working groups, which come on the heels of three HEA-related hearings, will be open to the public.

NASFAA Office Closed May 25 for the Memorial Day Federal Holiday

The NASFAA office will be closed on Monday, May 25 for the Memorial Day federal holiday. The NASFAA website and other online services will still be available, but NASFAA's Today's News will not be sent and technical and membership support will not be available until the office reopens on Tuesday, May 26.

NASFAA's Code Of Conduct Outlines Ethical Behaviors And Expectations

Compliance with our Code of Conduct is an expectation of NASFAA membership. In addition to the Code of Conduct, in NASFAA's Ethics and Values resource area you will find the ethical principles to which all aid administrators should aspire, the core advocacy principles which guide our legislative and advocacy efforts, the core operating values by which NASFAA staff are evaluated, and the Code of Conduct enforcement procedures and Q&A. Learn more about the enforcement provisions that will take effect July 1, 2015 and stayed tuned to Today’s News for new Exploring Ethics case studies and Ask Mr. Ethics columns.

Video: Learn All About The NASFAA National Conference

NOLA TNWatch our short video to hear from past conferees about why they look forward to attending the NASFAA conference each year. Attending will give you a valuable opportunity to learn, network, and share best practices with others in the field of financial aid. Register for the 2015 NASFAA National Conference to join nearly 3,000 financial aid professionals from across the country July 19 - July 22 in New Orleans to explore the ever-evolving world of student aid. Save $100 by registering before June 5!


National News

Democratic Bill On Pell For Prisoners

"A group of six Democratic members of the U.S. House of Representatives on Thursday introduced legislation that would reinstate Pell Grant eligibility for incarcerated college students," Inside Higher Ed reports.

What 14% Unemployment Means For The Class Of 2015

"The Class of 2015 is glad the unemployment rate is lower, but young Americans still don't necessarily like their odds for employment," Main Street reports.

Expert: U.S. Must End 'Addiction' to Bachelor's Degrees

"America must break its 'addiction' to bachelor's degrees and become better acquainted with the financial benefits of one- and two-year degrees and certificates, an education researcher argued at a recent panel discussion about what level of higher education it takes to break into the middle class," Diverse: Issues in Higher Education reports.

State News

College Kids Tell Ohio Legislators: We're Drowning In Student Debt

"Rachael Collyer graduated summa cum laude from Ohio State University this month, but the celebration has been subdued as she contemplates how to repay $28,000 in student loans," The Columbus Dispatch reports.

Virginia: Woman Pleads In Student Loan Program Fraud Case

"A Lynchburg woman has pleaded guilty to several federal fraud charges in a scheme to defraud a student loan program and insurance companies," The Associated Press reports.

California: How Low-Income Parents Have Saved $1M For College

"Families in San Francisco have passed an important milestone when it comes to saving for college, and officials hope it means big things for the city's youngest residents," CNNMoney reports.

Ohio: Cuyahoga County's $100 College Savings Program Will End

"Cuyahoga County's high-profile program that established a $100 college savings account for every kindergartner is expected to be dismantled at the end of the year," The Cleveland Plain Dealer reports.


Opinion: Student Debt 101: Dearth Of Data Fuels Common Misperceptions

"As this year's crop of college graduates don their caps and gowns and listen to inspiring commencement addresses before embarking on uncertain futures, they'll also hear a lot about the consequences of the large debts most of them amassed attaining a degree," Nick Hillman, associate editor of the Journal of Student Financial Aid, writes in an opinion piece for The Conversation.

Blogs and Think Tanks

In Court, For-Profit Colleges Demand End To Gainful Employment Rule

"The big for-profit colleges were back in court in Washington again this morning, arguing to a federal judge that the Obama Administration did not have the power to subject them to even the most minimal standards of accountability for leaving their students with overwhelming debt," attorney David Halperin writes in The Huffington Post.




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