NASFAA in the News: 2016 Archive

  • New Federal Loan Counseling Experiment
    December 16, 2016 - "The Department of Education Thursday announced an experiment to find the best loan counseling services for student borrowers," Inside Higher Ed reports. Undersecretary Ted Mitchell "told attendees at the National Association of Student Financial Aid...
  • Feds Kick Off Loan Counseling Experiment On Select College Campuses
    December 16, 2016 - "Despite the tens of thousands of dollars college students are allowed to borrow, debt that can define their financial lives for years, schools are obligated to provide only two counseling sessions before graduation. An experimental program, however,...
  • 10 Things You Should Know About Money by Age 20
    December 14, 2016 - "A recent study by education tech company EverFi found that the average U.S. college student can answer only about a third of basic financial questions correctly," FiveThirtyEight reports.
  • Older Americans Went Back To School During The Recession. Did It Pay Off?
    December 9, 2016 - "When Ed Morneault returned to college in 2011, two months before his 40th birthday, he didn’t just want a bachelor’s degree — he wanted a raise and a promotion. ... But even with those two degrees under his belt, Morneault said, he...
  • Federal Government Plans To Forgive $108 Billion in Student Loan Debt
    December 7, 2016 - "The United States government plans to forgive $108 billion in student loan debt in the coming years, the Government Accountability Office announced last week in a report to Congress," The Daily Orange reports. "A spokesperson from the National Assoc...
  • Podcast: Federal Student Loan Servicing: Strengths and Weaknesses
    November 29, 2016 - The Postsecondary National Policy Institute (PNPI), in partnership with Radio Higher Ed, this morning released the third podcast in a series of podcasts on student outcomes and loan servicing. "This podcast builds upon PNPI’s September pod...
  • DOE Issues New Regulations To Protect Student Borrowers
    November 28, 2016 - "Recent regulations from the Department of Education improve protection for student borrowers targeted by misleading or predatory practices, and establish a clear path for loan forgiveness in instances of institutional fraud or misconduct—an is...
  • Opinion: End This Unfair Tax on Student Loan Borrowers
    November 17, 2016 - "The persistent but gratuitous idea that there is a national student debt crisis is hard to escape these days. It’s surprising, then, that there has been little effort put toward ending the tax levied against students and parents the second the...
  • Opinion: 3 Ways to Simplify the Financial Aid Process
    October 28, 2016 - "College cost and access have become a key issue this election cycle, with candidates talking openly about subsidizing some or all of a public college education. But there are numerous complexities beyond just cost that deter students from enrolling ...
  • Opinion: Student Loan 'Crisis' Overshadows Real Borrowing Issues
    October 20, 2016 - "Repeating a falsehood over and over again does not make it any truer. Yet the idea that we are in a national student loan debt crisis has been repeated so many times that it is now accepted as gospel, even when the facts say otherwise. This misdiagn...
  • Economists Offer Unconventional Wisdom on Student-Loan 'Crisis'
    September 27, 2016 - "Student debt is a crisis, holding back the economy and hobbling a generation. Wonder why today's young adults aren't getting married, having children, buying homes, starting businesses, saving the world? Look no further, the culprit is obvious. That...
  • Colleges Urged Not to Move Up Aid Deadlines
    August 10, 2016 - "The U.S. Department of Education this week asked colleges and universities not to move up their deadlines for applying for financial aid," Inside Higher Ed reports. NASFAA is mentioned in this article.
  • MMC Financial Assistance Director Voted Pres.-Elect Of Administrator Group
    July 15, 2016 - "Mount Marty College (MMC) Financial Assistance Director Ken Kocer was recently voted president-elect of the Rocky Mountain Association of Student Financial Aid Administrators," Yankton Daily Press & Dakotan reports. "...During the third year of ...
  • Renovating the Past, Constructing the Future: H.R. 5530
    July 15, 2016 - "The HBCU Capital Financing Improvement Act (H.R. 5530), introduced by Reps. Alma Adams (D-NC) and Bradley Byrne (R-AL), is intended to increase access to capital by Historically Black Colleges and Universities (HBCUs) by making changes to the HBCU C...
  • Amid Mixed Messages, Department of Education Announces Loan Counseling Experiment
    July 15, 2016 - "Yesterday, the US Department of Education announced a new experimental initiative that would give a select group of  institutions the ability to require additional loan counseling for borrowers before they receive a student loan,"&nbs...
  • College Costs Are Out Of Control
    July 14, 2016 - "A college education is now the second-largest expense an individual is likely to make in a lifetime — right after purchasing a home. Ironically, one of the reasons the price tag continues to climb is the abundance of loan dollars that discoura...
  • Colleges Lead With Need-Blind Admissions
    June 23, 2016 - "When the economy tanked in 2009, the trustees of Hamilton College in upstate New York made a major investment in the future of admissions practices––they shifted from need-sensitive to need-blind admissions, while remaining a school that...
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