NASFAA President Defends Perkins Loans Amid Calls for Accountability

In an article on NASFAA President Justin Draeger's "Calls for 'Skin-In-The-Game' in Higher Education Ignore an Existing, Effective Program" op-ed, originally published by The HillEducation Dive's "Dive Brief" provides some takeaways:

"Dive Brief:

  • With Higher Education Act reauthorization discussions focusing on “skin in the game” policies, NASFAA President and CEO Justin Draeger argues for an extension of the Perkins Loan Program.
  • The program requires contributions from the government and institutions to fund targeted loans for low-income students, and, in an editorial for The Hill, Draeger argues that colleges have remained committed to the program even while Congress has failed to meet its own funding responsibilities.
  • If Congress doesn’t vote to extend the program before its Oct. 1 expiration date, incoming low-income students are expected to face a gap of $2,000, on average, in their financial aid packages, according to Draeger."

NASFAA's "Headlines" section highlights media coverage of financial aid to help members stay up to date with the latest news. Inclusion in Today's News does not imply endorsement of the material or guarantee the accuracy of information presented.

Publication Date: 9/2/2015

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