today’s news for Thursday, August 29, 2013
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NEWS FROM NASFAA
NASFAA Comments on Loan Program NPRM
NASFAA on August 28, 2013, submitted comments on the Department of Education’s (ED) Notice of Proposed Rulemaking (NPRM) that addresses loan issues. This NPRM is the second of two NPRMs released as a result of negotiated rulemaking that took place in early 2012.
Working With Your Athletic Department To Stay NCAA Compliant
In an effort to better understand the valuable partnership between financial aid offices and athletic departments, NASFAA spoke with Mark Rountree, deputy athletic director at Miami University of Ohio, who offered some tips, tricks, and best practices for financial aid administrators looking to build a closer relationship with their athletic department. Have tips and tricks of your own? Want to weigh in on the topic? Be sure to leave a comment at the end of the article!
What Can You Do With Your MyNASFAA Profile?
When you log into the NASFAA website, you gain access to all of the member-only content AND your myNASFAA profile. Located in the Membership Center under Manage Your Membership, your myNASFAA profile allows you to: 1) Update your contact information, including your job title; 2) Update your demographic information; 3) Add your name to the Speaker/Mentor Directory; 4) View your committee involvement; 5) Review past orders, as well as current meeting and event registrations; 6) Temporarily put Today’s News on a vacation hold, and more! If you haven’t accessed your myNASFAA profile recently, please do so today. If you have any questions, email [email protected].
Learn the answer to this question and learn how to instantly find credible and reliable solutions to your most pressing regulatory and compliance questions with NASFAA's AskRegs Knowledgebase. The Knowledgebase guide and video tutorials highlight the many features of this tool.
HEADLINES
National News
College Costs Surge 500% In U.S. Since 1985: Chart Of The Day
"[T]uition expenses have increased 538 percent in the 28-year period, compared with a 286 percent jump in medical costs and a 121 percent gain in the consumer price index," Bloomberg reports.
Justice Dept. Opens Investigation Of Online Program At Tiffin U.
"A civil division of the U.S. Department of Justice is investigating Tiffin University and Altius Education Inc. to determine if Ivy Bridge College—an online college they ran under a joint venture—violated federal student-aid rules," The Chronicle of Higher Education reports.
Student Loan Debtor's Case Remanded For Loan-By-Loan Undue Hardship Analysis
"A bankruptcy court's determination that a Chapter 7 debtor's student loans were not an undue burden was clearly erroneous, the U.S. Bankruptcy Appellate Panel for the Eighth Circuit held Aug. 21," Bloomberg Law reports.
Government Advocate: 33 Million Workers Qualify To Have Student Loans Forgiven, Too Few Do
"The government's consumer advocate says more than 33 million workers qualify to have their student loans forgiven because they work at schools and hospitals, in military and police uniforms. But the Consumer Financial Protection Bureau says the system is overly complicated and often confusing," The Associated Press reports.
Opinions
Opinion: How Obama's Plan Might Lower College Costs
"[D]on't count on [President Obama's] program making a difference in your kid's college plans until 2018 -- that is, if it even gets through Congress. Like most political statements, it's long on idealism and somewhat vague in terms of execution," columnist Donna Freedman writes in a MSN Money opinion piece.
Opinion: Who's To Blame For Student Debt Crisis
"If we're serious about tackling the issue of affordable education and student debt, we need to strike at the root of the problem -- the influence of money in politics," Ben Cohen, co-founder of Ben and Jerry's Ice Cream and founder and Head Stamper at the Stamp Stampede, and Edward Erikson, a senior associate for MacWilliams Sanders Communication, write in a CNN opinion piece.
MEMBER NEWS
Remembering MASFAA Past-President Jim Bauer
NASFAA expresses sincerest condolences to the family of MASFAA Past-President (1992-93) Jim Bauer. Bauer, senior associate dean of enrollment management and executive director of the Office of Financial Assistance Services at the University of Miami, recently lost his battle with cancer and is survived by his wife Lois and three daughters. A statement was issued by University of Miami President Donna E. Shalala.
INDUSTRY NEWS
NASFAA CAREER CENTER
- Administrative Analyst/Specialist II, CSU East Bay, Hayward, California
- Financial Aid Coordinator I, Pacifica Graduate Institute, Carpinteria, California
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