"For-profit colleges are fighting for their students to be eligible for increased federal financial aid in President Biden’s Build Back Better package after House Democrats passed legislation excluding the sector from new Pell Grant spending," The Washington Post reports. 

..."The lawmakers said the policy could also add to the administrative burden for schools, citing concerns raised by the National Association of Student Financial Aid Administrators. The trade group’s president Justin Draeger says the quality of for-profit schools is best addressed through regulation directed at the institution, not adding complexity to a financial-aid system 'on the verge of much-needed simplification.'"

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: 11/23/2021