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TODAY'S NEWS

today’s news for Tuesday, September 13, 2022

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NEWS FROM NASFAA

On Monday, NASFAA sent a letter to the cosponsors of the REAL Reforms Act to offer feedback on the bill, share NASFAA’s recent loan reform efforts, and call for collaboration on drafting legislation for student loan reform to benefit both students and taxpayers. The letter notes areas of the bill that have promise, such as eliminating interest capitalization and capping the amount borrowers must repay under income-driven repayment plans, as well as where the bill falls short, including eliminating the Grad PLUS and Public Service Loan Forgiveness programs. "The coming months present an opportunity for collaboration to draft the best possible legislation for when the time is right for introduction,” the letter reads. “We look forward to working with you to fine-tune this proposal into the student loan reform that borrowers and taxpayers need."

NASFAA UPDATES AND ANNOUNCEMENTS

Join NASFAA Training and Policy staff today at 2:00 p.m. ET as we talk through what we know about the Fresh Start initiative and President Joe Biden's debt cancellation plan — and how your office can prepare to handle student requests and questions. This webinar will include overviews of both programs, requirements for the financial aid office, example scenarios, compiled resources, and a live Q&A. This 75-minute webinar is free for NASFAA members — register now!

If your goal is to become a financial aid director, we invite you to participate in a professional development opportunity designed especially for you, Aspiring Director Group Coaching, facilitated by Blue Icon Advisors. Over six weeks, you'll build leadership skills, network with your peers, and dig deep into enrollment management, compliance issues, and more. The next cohort is the only one being offered this fall and begins October 24 — register today to secure your spot.

U.S. DEPARTMENT OF EDUCATION

TRENDING IN FINAID NEWS

NASFAA TRAINING

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