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Financial Aid in the News

Chief Operating Officer, Office of Federal Student Aid: Who Is William Taggart? (AllGov)

"On June 1, 2009, U.S. Secretary of Education Arne Duncan appointed William J. Taggart to be chief operating officer (COO) of the department's Federal Student Aid office (FSA)," AllGov reports. "FSA is a Performance Based Organization (PBO), which is intended to create incentives for high performance and accountability for results, while allowing more flexibility to promote innovation and increased efficiency. ... Taggart has spent his entire 24 year career in the for-profit private business sector of the economy, working mainly for large companies in the financial industry. ... Taggart will certainly have his work cut out for him. President Obama’s proposed 2010 budget would significantly expand federal student aid programs."

You can read the complete Sept. 1, 2009 AllGov article on-line.

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