"Education Secretary Miguel Cardona on Monday named Richard Cordray, the first director of the Consumer Financial Protection Bureau, to head the federal aid office that oversees the government’s $1.5 trillion student loan portfolio," The Washington Post reports. 

...“'Cordray brings political and practical experience unlike any previous FSA chief operating officer. He will need those skills and more to address the significant challenges ahead,' said Justin Draeger, president of the National Association of Student Financial Aid Administrators."

NASFAA's "Notable Headlines" section highlights media coverage of financial aid to help members stay up to date with the latest news. Articles included under the notable headlines section are not written by NASFAA, but rather by external sources. Inclusion in Today's News does not imply endorsement of the material or guarantee the accuracy of information presented.

Publication Date: 5/3/2021