"The nation’s top student aid official is stepping down, the Education Department said Friday, after the disastrous rollout of a new financial aid form that upended the college admissions process for millions of students this year," The New York Times reports.

..."By April, Republicans in Congress were openly questioning Mr. Cordray’s leadership, and calling for resignations in the Education Department during a hearing about FAFSA. Experts and college administrators testified then on the harm the botched rollout caused students this year.

'If there was a financial aid director or even a college president that delayed financial aid on their campus for up to six months, the professional price that would be paid for that would be pretty steep,' Justin Draeger, the president of the National Association of Student Financial Aid Administrators, told lawmakers at the hearing."

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: 4/26/2024