NCHER BRIEFING

Relevant & Timely Information On Higher Education Finance

NCHER sends its members the NCHER Briefing newsletter which covers higher education, generally, and student loan, specifically, news, announcements, and developments, as well as legislative and regulatory updates. This is also the place where member organizations share their announcements and can promote their products. NCHER’s E-Library portion of the website features extensive resources on student loan laws, guidelines, forms, and research as well as detailed information about NCHER committee activities and upcoming conferences.

NCHER Briefing editions from the current calendar year are located below. Editions from the previous year are located in the NCHER Briefing Archives accessed using the button below. Older editions may be requested by contacting NCHER at info@ncher.org.

 

Current Year NCHER Briefing Files

2024 NCHER Briefing

TitleDescriptionSizeDownload
June 24, 2024

Articles On: Weekly Rundown; NCHER Webinar on CFPB’s Registry for Nonbanks and Circular on UDAAP Violations in Consumer Financial Products and Services Contracts; CBO Releases Latest Budget Baseline for Pell Grant Program, Shows $11.4 Billion Surplus Because of FAFSA Problems Averting Shortfall; Senate HELP Committee Releases Discussion Draft to Reauthorize the Workforce Innovation and Opportunity Act; U.S. Department of Education News; Member News- MOHELA; General News

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June 20, 2024

Articles On: NCHER Webinar on CFPB’s Registry for Nonbanks and Circular on UDAAP Violations in Consumer Financial Products and Services Contracts; Department of Education Announces New Details on the Launch of the 2025-2026 FAFSA, Delayed Timeline for Resolving Corrections for 2024-2025; House and Senate Democrats Introduce Pell Grant Preservation and Expansion Act; NCAN Releases Recommendations to Improve the 2025-2026 FAFSA Cycle; CBO Releases Budget and Economic Outlook, Says Federal Deficit Rising to $2 Trillion Driven by Student Loan Policies; U.S. Department of Education News; Member News-KHEAA; General News

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June 17, 2024

Articles On: NCHER Offices Closed on Wednesday in Observance of Juneteenth; Weekly Rundown; Department of Education Announces Appointment of Jeremy Singer as New FAFSA Executive Advisor; MN Gov. Signs Omnibus Commerce Package Into Law, Includes Provisions Impacting Student Loan Lenders and Servicers; U.S. Department of Education News; General News

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June 13, 2024

Articles On: House Begins Consideration of National Defense Authorization Act, Higher Education Amendments Rules Out of Order; Senate Banking Committee Republicans Introduce Legislation Putting CFPB Funding Under Congressional Appropriations and Budget Process; NASFAA, Higher Education Community Sends Letter to Department of Education on 2025-2026 FAFSA; University of Chicago-AP Poll Find Lack of Support for Biden Administration’s Student Loan Policies; Federal Reserve Concludes Two-Day Meeting, Holds Interest Rates Steady; U.S. Department of Education News; General News

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June 10, 2024

Articles On: House Expected to Consider National Defense Authorization Act This Week, Several Higher Education Amendments Submitted Including Short-Term Pell Grants; U.S. District Court for Eastern District of Missouri Holds Hearing on Lawsuit Challenging U.S. Department of Education’s SAVE Plan, District Court of Kansas Dismisses State Lawsuits for Lack of Standing; Department of Education Announces Reforms to the Office of Federal Student Aid

House and Senate Education Committee Republicans Send Letter to Department of Education Criticizing Response to GAO Investigation Into FAFSA Rollout; House Democrats Send Letter to Department of Education Raising Concerns About Challenges with the FAFSA; House and Senate Democrats Introduce Student Loan Servicers Accountability Act; CFPB Releases Final Rule Establishing Registry for Nonbanks Found to Violate Consumer Laws; CFPB Announces Lawsuit Against PHEAA For Pursuing Borrowers for Loans Discharged in Bankruptcy; Defense of Freedom Institute Releases Report Criticizing Department of Education’s SAVE Plan; Federal Reserve Releases Consumer Credit Report for April; U.S. Department of Education News; Member News-Granite Edvance; General News

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May 30, 2024

Articles on: NCHER Briefing Takes Publishing Break for the Annual Conference; Sixth Circuit Dismisses Challenge to Department of Education’s IDR Adjustments for Lack of Standing; New School Releases Report Showing 2.2 Million Older Americans Have Student Loan Debt; U.S. Department of Education News; General News

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May 28, 2024

Articles on: NCHER Annual Conference: Final Agenda Just Released, Still Time to Register!; Weekly Rundown; Senate Democrats Send Letter to Department of Justice Requesting Information on Student Loan Bankruptcy Discharge; Federal District Court Holds Hearing on Sweet v. Cardona Settlement; Department of Education Announces 10 Million FAFSA Applications Processed, ECMC Announces First Tranche of Organizations Receiving Funds Under Student Support Strategy; Pew Research Center Releases New Survey on Whether a College Degree is Worth it in 2024; U.S. Department of Education News; General News

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May 23, 2024

Articles on: NCHER Offices Closed for Memorial Day, Briefing Returns on Tuesday; Department of Education Approves Additional Federal Student Loan Forgiveness for PSLF, IDR Adjustment; House Majority Leader Scalise Outlines Summer Schedule, Focus on Appropriations Bills; ACE, Higher Education Groups Send Letter to House and Senate Outlining Recommendations to Address FAFSA Challenges; National Student Clearinghouse Releases Report Showing Undergraduate Enrollment Increased This Spring; U.S. Department of Education News; General News

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May 20, 2024

Articles on: NCHER, Industry Trades Send Letter Providing Public Comment on Department of Education’s NPRM on Federal Student Loan Forgiveness; Democrats, Republicans Weigh in with the Department of Education on Federal Student Loan Forgiveness; Senate Democrats Send Letter Calling for Increase in Funding for Pell Grants, Protection of Program Reserves; CFPB Announces Action Against Western Benefits Group for Charging Advance Fees for Student Loan Debt Relief, Misrepresenting Affiliation with Department of Education; U.S. Department of Education News; Member News; General News

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May 16, 2024 - REVISED

Articles on: NCHER Annual Conference: AEI’s Beth Akers Confirmed as Keynote Speaker, Register Today!; Supreme Court Issues 7-2 Decision Upholding Funding Structure for CFPB; Department of Education Extends Time for Borrowers to Consolidate Their Loans to Receive Credit for Loan Forgiveness;House Appropriations Committee Chair Cole Previews Funding Process for FY 2025, Sets Markup Schedule; FSA Announces Interest Rates for Federal Direct Loans for 2024-2025; New York Fed Releases Quarterly Report on Household Debt and Credit, Finds Decrease in Student Loans Balances; Third Way Releases Results of Survey on Voters Views on Higher Education; U.S. Department of Education News; General News

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May 13, 2024

Articles on:

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May 9, 2024

Articles on: NCHER Annual Conference: Hotel Cut-Off is Monday, Make Your Reservations Today!; House Education and the Workforce Committee Holds Hearing with Education Secretary Cardona; House and Senate Education and Appropriations Committee Leaders Send Letter to Education Secretary Cardona Urging Steps to Ensure FAFSA Problems Do Not Occur Next Year; Brookings Institution Releases Pager Saying FAFSA Rollout Means Fewer Students Will Enroll in College Next Year; Federal Reserve Releases Consumer Credit Report for March, Shows Increase in Student Loan Volume in First Quarter; SHEEO Releases Latest State Higher Education Finance Report Finding State and Local Funding Increased in FY 2023; U.S. Department of Education News; General News

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May 6, 2024

Articles on: NCHER Annual Conference: Early Bird Registration Ends on Wednesday, Register Today!; Weekly Rundown; CFPB Files Complaint and Stipulated Judgements Against National Collegiate Student Loan Trusts and PHEAA; Department of Education Announces $50 Million Program to Support Students and Families Impacted by FAFSA Challenges; Senate HELP Committee Chairman Sanders Announces Reelection; Department of Education Releases New Data Showing Breakdown of Borrowers Approved for PSLF; U.S. Department of Education News; General News

219.63 KB DownloadPreview
April 29, 2024

Articles on: 

  • NCHER Sends Letter to House and Senate Appropriations Committees in Support of State and Nonprofit Organizations Helping Borrowers Repay their Federal Student Loans
  • Department of Education Announces Richard Cordray Will Step Down as Head of FSA
  • FSA Releases Blog Post on Improvements to Public Service Loan Forgiveness
  • U.S. Department of Education News
  • General News
 
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April 25, 2024

Articles on: NCHER Annual Conference: Take Advantage of Early Bird Registration Rate, Register Today!; Senate Appropriations Subcommittee Announces Budget Hearing with Education Secretary Cardona; House Education and the Workforce Committee Republicans Send Letter to Department of Education Inspector General on Fraud Within Federal Student Financial Aid System; Department of Education Releases RFI on Postsecondary Student Success Recognition Program; ACE Sends Letter to Department of Education Requesting Further Delay in Reporting Requirements on Gainful Employment and Financial Value Transparency; Community College Research Center, Aspen Institute Releases Report on Tracking Transfer Students; U.S. Department of Education News; General News

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April 15, 2024

Articles on: Weekly Rundown; NCHER-EFC-NASLA Send Letter to House and Senate Appropriations Committees in Support of AMF Extension; Department of Education Announces Additional $74 Billion in Federal Student Loan Forgiveness; Department of Education Kicks-Off National FAFSA Week of Action; U.S. Department of Education News; General News

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April 11, 2024

Articles on: Penn Wharton: Department of Education’s New Student Loan Forgiveness Plan Estimated to Cost $84 Billion; House Appropriations Subcommittee Holds Budget Hearing with Education Secretary Cardona; House Education and the Workforce Subcommittee Holds Hearing on Failure of FAFSA Rollout; Missouri, Six Other States File Second Lawsuit Challenging U.S. Department of Education’s SAVE Plan; Republicans Choose Rep. Tom Cole as Chair of House Appropriations Committee; FSA Announces 30 Percent of FAFSAs Have Inaccurate, Incorrect Data, Issues Updates to State Grant Agencies to Support FAFSA Completion Initiative; Senate Democrats Send Letter to General Dynamics on Role in Launch of Bungled FAFSA; National Student Clearinghouse Releases Report on Undergraduate Degree Earners; Department of Education Reports Only 60 Percent of College Students Earned Degrees in Eight Years; Excelencia in Education Report Finds Hispanic Students Accounted for Majority of Growth in Degree Attainment; U.S. Department of Education News; General News

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April 8, 2024

Articles on: Weekly Rundown; President Travels to Wisconsin, Previews Proposed Rule on Federal Student Loan Forgiveness; House of Representatives Slated to Consider H.R. 6655, a Stronger Workforce for America Act, This Week; Fifth Circuit Issues Preliminary Injunction Blocking Department of Education’s Borrower Defense to Repayment and Closed Discharge Rule; Sen. Schmitt Sends Letter to Department of Education Expressing Concern About Delays in FAFSA Processing; Moody’s Ratings Releases Report Identifying Top Higher Education Issues for 2024; Federal Reserve Releases Consumer Credit Report for February; U.S. Department of Education News; Member News; General News

274.12 KB DownloadPreview
April 4, 2024

Articles On: NCHER Annual Conference: Take Advantage of Early Bird Registration Rate, Register Today!; House Appropriations Subcommittee Announces Budget Hearing with Education Secretary Cardona; House Education and the Workforce Subcommittee Announces Hearing on Impact of FAFSA Challenges on Students and Families; FSA COO Cordray Announces Reprocessing of Financial Aid Application Records; House Republican Steering Committee Announces It Will Choose Chair of House Appropriations Committee Next Week; Two Cosmetology Schools File Suit Against Department of Education’s Gainful Employment Regulation; FSA Releases SAP Memo for Quarter Ending March 2024; FSA Announces New Changes to Federal Student Loan and Grant Web Experience, Pauses PSLF Processing; Strada Education Network Releases New State Opportunity Index; U.S. Department of Education News; General News

 

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March 25, 2024

Articles on: Weekly Rundown; Congress Passes and President Signs Bipartisan Funding Package Into Law, Includes Funding for Department of Education; Department of Education Announces New FAFSA Processing Errors; House Appropriations Committee Chair Granger Steps Down from Post, Cites Final Appropriations Bills Not Likely to be Completed This Year; U.S. Department of Education News; General News

195.53 KB DownloadPreview
March 21, 2024

Articles on: 

  • NCHER Annual Conference: Draft Program Agenda Just Released, Register Today!
  • House and Senate Leadership Release Text of Further Consolidated Appropriations Act, Including Funding for Department of Education
  • Third Circuit Court of Appeals Issues Ruling in CFPB v. National Collegiate Student Loan Trust, Finds Trusts Are Covered Persons
  • Senate, House Democrats Urge Biden Administration to Stop Garnishing Social Security Benefits for Defaulted Borrowers
  • Education Secretary Cardona Addresses Council of the Great City Schools, Discusses Challenges With FAFSA Rollout
  • Senate Republicans and Democrats Send Letter to Education Secretary Cardona Urging Easing of Gainful Employment, Financial Aid Verification Requirements
  • Senate HELP Committee Ranking Member Cassidy Requests Education Secretary Cardona Testify on the President’s Budget Request and the FAFSA Rollout
  • Department of Education Announces $6 Billion in Federal Student Loan Forgiveness for Public Service Workers
  • House Education and the Workforce Committee Passes Free Speech, Accreditation Legislation
  • U.S. Department of Education News
  • General News
 
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March 7, 2024

Articles on: President Slated to Give State of the Union Address Tonight, Expected to Touch on Student Loan Forgiveness; Department of Education Provides Update on FAFSA ISIRs Delivery; CFPB Names Julia Barnard as New Student Loan Ombudsman; Democratic Senators Send Letter to Secretary Cardona Expressing Concerns Over FAFSA Rollout; Fitch Issues Warning FAFSA Delays Put Private Colleges at Risk; Department of Education Concludes Negotiated Rulemaking on Institutional Quality and Program Integrity; Federal Reserve Releases Consumer Credit Report for January 2024; Department of Education Imposes $14 Million Fine Against Liberty University; U.S. Department of Education News; General News

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March 4, 2024

Articles on: 

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February 29, 2024

Articles on: NCHER Annual Conference: Register Today to Take Advantage of Early Bird Rate!; House Leadership Pulls H.R. 6585, the Bipartisan Workforce Pell Act, Opposition from Teachers Unions; House Scheduled to Vote on Short-Term Continuing Resolution, Includes FAFSA Related Changes; Department of Education Announces Additional Support for 2024–25 FAFSA Implementation; Kansas Attorney General Announces Challenge to Department of Education’s SAVE Plan; Senate Republican Leader Mitch McConnell Announces He Will Not Run For Another Term As Leader; National Student Clearinghouse Research Center Data Shows Transfer Enrollment Rose in Fall 2023; U.S. Department of Education News; General News

236.58 KB DownloadPreview
February 26, 2024

Articles on: Weekly Rundown; House Scheduled to Consider H.R. 6585, the Bipartisan Workforce Pell Act This Week; House and Senate Negotiations Fall Apart Over Weekend, Federal Government Funding for Four Spending Bills Expires on Friday; Department of Education Concludes Negotiated Rulemaking Session After Reaching Consensus on Regulatory Text on Economic Hardship; Department of Education Publishes State-by-State Breakdown of Borrowers Who Recently Received Loan Forgiveness; U.S. Department of Education News; General News

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February 22, 2024

Articles on: Department of Education Begins Fourth Negotiated Rulemaking Session on Federal Student Loan Forgiveness; Department of Education Announces Additional Forgiveness for Borrowers in SAVE Plan; Department of Education Provides Guidance to Families Filling Out FAFSA When a Parent Does Not Have Social Security Number; U.S. House to Consider H.R. 6585, the Bipartisan Workforce Pell Act, Next Week; U.S. Department of Education News; General News

194.12 KB DownloadPreview
February 20, 2024

Articles on: Join the NCHER Board of Directors and Play a Leadership Role on Higher Education Finance!; Weekly Rundown; Department of Education Holds Fourth Session of Negotiated Rulemaking on Federal Student Loan Forgiveness This Week; Politico Examines Problems with FAFSA Rollout by Department of Education; Senate Democrats Send Letter to Department of Education Asking for Expanded Eligibility for Parent PLUS Loans; U.S. Department of Education News; General News

226.08 KB DownloadPreview
February 15, 2024

Articles On: NCHER Office Closed for Presidents’ Day, Briefing Resumes on Tuesday; Department of Education Releases Draft Regulatory Language on Financial Hardship Ahead of Next Week’s Negotiated Rulemaking Session; Department of Education Announces New Flexibilities to Support Institutions in Implementing 2024-2025 FAFSA; S&P Global Says FAFSA Delays Will Be Most Challenging to Colleges With Significant Enrollment of Low-Income Students; Foxx Says She Will Not Seek Another Term as Chair of House Education and the Workforce Committee; NACUBO Releases Latest College Endowment Report; Mapping Your Future Releases Results of Survey on Financial Aid Professionals Thoughts on the 2024-2025 FAFSA; U.S. Department of Education News; General News

337.13 KB DownloadPreview
February 12, 2024

Articles on: Join the NCHER Board of Directors and Play a Leadership Role on Higher Education Finance!; Weekly Rundown; NCHER Joins Industry Group in Submitting Comments on FCC Draft Order on Revoking Consent; House and Senate Democrats Send Letter to Secretary Cardona on FAFSA Delays; Federal Reserve Releases Consumer Credit Report for December 2023; Department of Education Announces Additional Information on FAFSA Support Strategy; FTC Announces Permanent Ban for Third-Party Debt Relief Scammers; U.S. Department of Education News; General News

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February 5, 2024

Articles on: NCHER Briefing Takes Publishing Break for the Legislative and Leadership Meeting, Resumes Next Monday; Weekly Rundown; Department of Education Releases FAFSA College Support Strategy, Focus on Under-Resourced Colleges; Department of Education Holds Second Session of Institutional Quality and Program Integrity Committee; HEA Group Releases Report About Relationship Between College Graduation and Student Loan Repayment; U.S. Department of Education News; General News

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February 1, 2024

Articles on: NCHER Legislative and Leadership Meeting: One Week Away, Register Today!; Department of Education Announces Fourth Negotiated Rulemaking Session Providing Relief for Student Loan Borrowers Experiencing Hardship; Department of Education Announces Delay of FAFSA Processing By Another Two Months; House Education and the Workforce Committee Passes College Cost Reduction Act; House Education and the Workforce Committee Democrats Release Roadmap for College Student Success; Navient Announces Exit From Student Loan Servicing Business; Department of Education Releases New Proposal on Cash Management; House Education and the Workforce Committee Republicans Send Letter to Department of Education Requesting Documents on FAFSA Rollout; Federal Reserve Concludes Two-Day Meeting By Leaving Federal Fund Rate in Place; U.S. Department of Education News; General News

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January 29, 2024

Articles On: NCHER Legislative and Leadership Meeting: Updated Agenda Released, Register Today!; Weekly Rundow; House Education and the Workforce Committee Announces Markup of College Cost Reduction Act; House and Senate Appropriations Committee Leaders Reach Agreement on Funding Levels for Individual Spending Bills; President Biden Discusses Federal Student Loan Forgiveness on Campaign Trail in South Carolina; FSA Reports Parents Without SSNs Prevented from Contributing to Their Student’s FAFSA; FSA Issues Waivers and Modifications Under HEROES Act; U.S. Department of Education News; General News

 

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January 25, 2024

Articles on: NCHER Legislative and Leadership Meeting: Updated Agenda Released, Register Today!; Senate and House Republicans Ask Government Accountability Office to Review Department of Education’s FAFSA Rollout; Sen. Warren, House and Senate Democrats Send Letter to Education Secretary Cardona Asking for Fourth Session to Discuss Financial Hardship; Department of Education Announces Update to Income Formula For 2024-2025 FAFSA; National Student Clearinghouse Releases Report Finding Undergraduate Enrollment Grew in Fall 2023; Five Universities Settle Student Aid Antitrust Case For $104.5 Million; U.S. Department of Education News; General News

231.37 KB DownloadPreview
January 16, 2024

Articles on: Weekly Rundown; Department of Education Announces Early Implementation of SAVE Plan; House Education and the Workforce Committee Ranking Member Scott Sends Letter to Department of Education Expressing Concerns About FAFSA Implementation; House and Senate Leadership Unveils Continuing REsolution Extending Funding for Federal Government Until March; U.S. Department of Education News; General News

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January 11, 2024

Articles on: NCHER Offices Closed for MLK Holiday, Briefing Resumes on Tuesday; NCHER Legislative and Leadership Meeting: Hotel Cut-Off Date is Tomorrow!; House Education and the Workforce Committee Chair Foxx Introduces College Cost Reduction Act on Federal Student Loans, Accountability; Department of Education Announces Over 1 Million 2024-2025 FAFSA Forms Successfully Submitted, Form Now Available 24/7 for Students and Families; Senate Begins Effort to Extend Continuing Resolution, House Conservatives Pressure Speaker Johnson to Revisit Top-Line Budget AgreementHalt Floor Action; Department of Education’s Concludes First of Three Sessions on Institutional Quality and Program Integrity; U.S. Department of Education News; Member News; General News

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January 4, 2024

Articles on: Weekly Rundown; NCHER Legislative and Leadership Meeting: One Month Away, Register Today!; Department of Education Soft Launches New FAFSA; Department of Education Releases Issue Papers for Negotiated Rulemaking Session on Program Integrity and Institutional Quality; U.S. Department of Education News; General News

234.62 KB DownloadPreview