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today’s news for Friday, August 25, 2023

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Inceptia. Even with the recent student loan repayment announcements, current 0% CDRs could jump with 30% of borrowers not, nor intending to, pay their loans. While low CDRs may look like positive financial health, it's not the full story. Read more about the CDR illusion and its impact on institution's financial and operational health.

NEWS FROM NASFAA

The Federal Trade Commission (FTC) this week, in a pair of actions, announced that they were cracking down on student loan debt relief schemes that sought to take advantage of consumers by promising deceptive loan forgiveness services.

NASFAA UPDATES AND ANNOUNCEMENTS

Are you a new financial aid director with less than one year of experience at the director level? Join Blue Icon Advisors, NASFAA Consulting for the next New Director Group Coaching cohort starting September 5 — the only session offered this fall! Read what other past participants have to say and register by September 1 for the next six-week session.

Please join us in congratulating; Alicia Martinson, who was promoted from scholarship analyst to associate director of financial aid scholarships and state grants at the University of Maryland Global Campus; Douglas Wilson, formerly the associate director, financial aid compliance at Delaware State University, who is now the director of financial aid at Kean University; Kathryn Chand, currently the senior assistant director at Adelphi University, who will retire in September after 47 years of working in financial aid; and Clara Capron, currently the assistant VP enrollment & student services, financial aid at Western Washington University, who will retire in September after 41 years of working in financial aid. Celebrate your own career developments by completing the "Movers and Shakers" form to share the news with your colleagues.

U.S. DEPARTMENT OF EDUCATION

TRENDING IN FINAID NEWS

INDUSTRY NEWS OF THE WEEK

NASFAA TRAINING

NASFAA CAREER CENTER


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