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today’s news for Friday, January 7, 2022

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NEWS FROM NASFAA

This week on "Off The Cuff," Justin is joined by NASFAA’s 2021-22 National Chair Brent Tener and Beth Maglione, NASFAA’s executive vice president. The three dive into conversation surrounding professional experience, NASFAA’s operations, and experiences working with a variety of higher education institutions. The discussion also centers on the most current higher education news, student aid operations, a number of federal policies impacting financial aid, and how the long-lasting impacts of the pandemic are shaping the sector. Hugh also provides a recap of the latest higher education news this week with some handy resources for subscribers to catch up on some of the biggest news stories from 2021.

The issue is not unique to financial aid. Job openings are near an all-time high, according to the latest figures from the Department of Labor. But aid offices face a different set of challenges, as directors are often hamstrung by school policies and limits to what compensation they can offer new hires. Aid administrators say it’s been difficult to cultivate a pipeline of young workers eager to learn the ins-and-outs of financial aid and pursue a career in the field. Many aid administrators start their careers early in life as work-study students in aid offices or as financial aid counselors in their first job out of college. They were drawn to the camaraderie of aid offices and a desire to help students achieve their higher education goals.

The ranking members of the House and Senate education committees penned a letter to Education Secretary Miguel Cardona asking the Department of Education (ED) to provide clarity on the statutory basis for the recent temporary waivers afforded to borrowers in the Public Service Loan Forgiveness (PSLF) program. Rep. Virginia Foxx (R-N.C.) and Sen. Richard Burr (R-N.C.) followed up on an October letter asking the department to detail its rationale for implementing significant changes to the Public Service Loan Forgiveness (PSLF) program.

NASFAA UPDATES AND ANNOUNCEMENTS

For many in the financial aid profession, volunteering for your association at the state, regional, or national level is a rewarding opportunity to give back to the profession and help shape the best policies for the students you serve. But getting involved can be a daunting undertaking, especially if it is your first time volunteering. The Association Leadership pathway at NASFAA's 2022 Leadership & Legislative Conference & Expo is designed to help you confidently become an active volunteer within the profession. In light of the recent surge in omicron variant cases, we'd like to remind attendees that all conference registrants must be fully vaccinated against COVID-19. Learn more about the conference and the safety measures being taken, and register today to secure your seat.

Blue Icon is growing at a rapid pace — and we need experienced financial aid professionals who live and breathe P&Ps and are ready to share their knowledge with schools across the country. Most work can be done outside of working hours, so you can consult and keep your day job. Read more about doing P&P work with Blue Icon and apply to be an independent consultant today!

INDUSTRY NEWS OF THE WEEK

NASFAA TRAINING

NASFAA CAREER CENTER


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