"It's easy to look back with 20/20 hindsight and see that NASFAA's decision to hire Philip R. Day Jr. as its president turned out to be disastrous," Inside Higher Ed reports. "That's a comment not on his performance in the job -- about which NASFAA's staff and the financial aid directors who are its members have mixed views -- but on the fact that Day resigned last month after San Francisco's district attorney charged him with felony violations of state campaign laws linked to his previous job as chancellor of the City College of San Francisco. ... Virtually every higher education association, every college and university, every organization at some point hires a leader, and understanding those that go wrong can be instructive."