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today’s news for Tuesday, February 14, 2023

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NEWS FROM NASFAA

Ryan West

Meet Ryan West, FAAC®. Ryan started his career as an auditor for a public accounting firm, but would later move back to his alma mater, Western Oregon University, as a financial aid counselor. Now, 21 years later, Ryan is the executive dean of student services at Chemeketa Community College. He was recently promoted to this role after serving as Chemeketa's director of financial aid and veterans' services. Learn more about Ryan, his interests, and his career path.

On Friday, NASFAA submitted to the Department of Education (ED) its comments on ED's new income-driven repayment (IDR) plan. In its feedback NASFAA acknowledged the need for a strong safety net for student loan borrowers but cautioned that back-end loan forgiveness should not be a substitute for up-front grants. NASFAA commended ED on incorporating several recommendations from last year's Protecting Borrowers & Advancing Equity project and made suggestions in areas where the new IDR plan doesn't align with NASFAA's policy positions.

On Friday, NASFAA submitted comments to the Department of Education (ED) in response to its request for information on creating a list of low-financial-value programs. NASFAA stressed in its response to ED's request the need to tread carefully in light of the potential impact such a list could have on programs, especially considering ED has been unsuccessful over the past decade in creating gainful employment regulations that adequately measure program quality.

NASFAA UPDATES AND ANNOUNCEMENTS

Blue Icon Advisors' next Let's Talk session — focusing on finding a better way for system optimizations — is coming up this Thursday, February 16. The event is free to NASFAA members, but you must register in advance. Let's Talk meets every month and gives practicing financial aid professionals the opportunity to engage with peers, learn from presenters and each other, share information, and discuss best practices. Check the schedule to see more upcoming Let's Talk topics.

There are still seats available during the current testing window, which remains open through March 9, 2023. Be sure to schedule your exam session soon to secure the time that works best for you. If you haven’t applied yet, take advantage of the waived application fee and complete your application online today. Learn more about the testing process and make sure you meet all of the technical requirements. Utilize these candidate resources to help you prepare for the exam. Can’t make it this time? The next testing window is March 15, 2023.

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