"At the start of the pandemic, the U.S. Department of Education quickly enacted emergency regulations allowing students to continue with their education online—a revolutionary development that provided a lifeline to institutions and students alike. Schools around the country seized the opportunity, pivoting to online asynchronous programs even for hands-on occupations like nursing, HVAC, plumbing, electrical, cosmetology, barbering, and esthetics that some believed could never be taught remotely," University Business reports.

... "Recently, however, many non-profit and state-owned institutions have been surprised to discover that both rules apply to their institutions. Letters to the Department from a bipartisan group of U.S. senators and the National Association of Student Financial Aid Administrators, for example, explain the immense burdens that GE places on all institutions. As for BDR, many colleges and universities—including some of the most prominent academic institutions in the country—have recently received notices of BDR claims from the Department where students sought to have tens or hundreds of thousands of dollars in student loans forgiven."

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: 6/17/2024