DAILY BRIEFING

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

 

Current Year Daily Briefing Files

2021 Daily Briefing

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September 23, 2021

Articles on: U.S. House Moves to Final Passage of NDAA, Without Rep. Adams’ Private Loan Amendment; President Biden Meets with Moderate and Progressive Democrats to Resolve Differences on Reconciliation; Consumer Groups Send Letter to Education Secretary Cardona on Public Service Loan Forgiveness; FCC Issues Final Rule on TRACED Act; AccessLex Report on Debt for Young Lawyers Shows Different Impact by Race; U.S. Department of Education News; General News

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September 22, 2021

Articles on: NCHER Slated to Hold Roundtable on Exploring New Business Opportunities in the Higher Education Finance Marketplace; House Passes Continuing Resolution to Keep Federal Government Open, Likely to Fail in the Senate; House Passes Dean Amendment to NDAA, Requiring Private Loan Lenders to Discharge in Case of Death or Disability; Senate Votes to Consider Chopra Nomination to Head CFPB; Federal Reserve Maintains Funds Rate at Near Zero, Indicates Tapering of Asset Purchases Coming Soon; U.S. Department of Education News; Member News; General News

 

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September 21, 2021

Articles on: House Democrats Introduce Continuing Resolution to Keep Federal Government Open, Includes AMF Extension; Student Borrower Protection Center Releases Data on PSLF Program, Shows Certain Teachers Were Not Deemed Eligible; GAO Report Finds FSA is Understaffed; U.S. Department of Education News; General News

 

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September 20, 2021

Articles on: Weekly Rundown; U.S. House to Consider NDAA This Week, Private Education Loan Amendments Filed; FSA COO Cordray Outlines Student Aid Priorities, Focus on Payment Pause and FFEL Program; Senate Appropriations Committee Chair Leahy Delays Markups, Citing Republican Resistance; SEC Chair Gensler Addresses SOFR Symposium, Says Time to Stop Writing LIBOR Contracts; NCES Releases Data Showing Majority of Undergraduates Rely on Federal Aid; U.S. Department of Education News; General News

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September 16, 2021

Articles On:  House Ways and Means Committee Passes Tax Portion of Build Back Better Act; Congressional Democrats Set to Meet with White House on Government Funding Package; Department of Education Chief Data Officer Blogs on Insights From HEERF Reporting; UnidosUS Releases New Study on Major Obstacles to College Completion for Latinx Students; U.S. Department of Education News; General News

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September 15, 2021

Articles on: NCHER Fall Legal Meeting: Registration Is Now Open, Preliminary Agenda Has Been Released!; Senate Democrats, State Attorneys General Applaud Department of Education’s Federal Preemption Revision; Senate Democrats Struggle to Reach Agreement on Budget Reconciliation; The Century Foundation Releases Report on Funding Gaps for HBCUs; College Board Announces Fewer Students Took SAT This Year Because of COVID; U.S. Department of Education News; Member News; General News

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September 14, 2021

Articles on: Senate Approves Kvaal Nomination to Serve as Under Secretary of Education; President Biden Signs Executive Order Boosting Hispanic Education; NerdWallet Releases Survey Finding Some Parent PLUS Loan Borrowers Not Ready to Resume Repayment; U.S. Department of Education News; General News

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September 13, 2021

Articles on: Weekly Rundown; House Education and Labor Committee Passes Build Back Better Act; House Ways and Means Committee Unveils Budget Reconciliation Provisions, Includes Pell Grant and Endowment Taxation; House Republicans Send Letter to Education Secretary Cardona Opposing Mass Cancellation of Student Loans; ARRC Announces Fifth SOFR Symposium: The Final Year; GEPI Releases Analysis of Congressional Proposals to Increase Pell Grants; Virginia State Commission Adopts Regulations Implementing Student Borrower Bill of Rights; U.S. Department of Education News; General News

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September 9, 2021

Articles on: House Education and Labor Committee Begins Consideration of Build Back Better Act, Includes Free Community College and Increase in Pell Grants; CFPB Issues Consent Order Against Better Future Forward, Defines ISAs as Private Loans; Treasury Secretary Yellen Writes Letter to Congressional Leaders Urging Action on the Debt Limit; Federal Reserve Releases Consumer Credit Report, Shows Only Slight Increase in Student Loan Balances; White House Appoints Delaware State University President Tony Allen to Lead President’s Board of Advisors on HBCUs; Reps. Adams and Hill Push for HBCU IGNITE Act; CFPB Issues Annual Report to Congress on Credit Card Agreements; U.S. Department of Education News; General News

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September 7, 2021

Articles on: NCHER Daily Briefing to Publish on Abbreviated Schedule This Week; Weekly Rundown; House Education and Labor Committee Slated to Consider Budget Reconciliation Package on Thursday; President Signs Executive Order Moving HBCU Initiative Back to Department of Education; U.S. Department of Education News; General News

 

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September 2, 2021

Articles on: NCHER Offices Closed for Labor Day, Daily Briefing Returns on Tuesday; NCHER Legal Meeting Scheduled for October 21: Registration is Now Open for the Fall Event!; Department of Education Announces Resumption of Pre-COVID Verification of Financial Aid Applicants; Department of Education Announces Updated Guidance on Mandatory Assignment of Federal Perkins Loans in Default; FSA Releases FAFSA Presentations; ARRC Releases New FAQs on Use of SOFR Term Rate; National Student Clearinghouse Report Examines Trends for Transfer Students; Illinois Gov. Signs New Private Loan Lender Law, Regulates ISAs; U.S. Department of Education News; Member News; General News

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August 30, 2021

Articles on: NCHER Daily Briefing to Publish on Abbreviated Schedule This Week; Weekly Rundown; FSA Releases Performance Plan for Chief Operating Officer; TICAS Report Examines Funding Patterns for Public Four-Year Colleges; U.S. Department of Education News; General News

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August 26, 2021

Articles on: Department of Education Issues New Standard for Reviewing Borrower Defense to Repayment Claims; Department of Education Announces New Closed School Discharges for 115,000 Former Borrowers from ITT Tech; House Clears Budget Resolution, Triggering the Start of the Reconciliation Process; Financial Regulators Send Letter to Corporate Stakeholders Acknowledging Concern Over Transition Away From LIBOR; Strada Report Examines How to Connect Two-Year Students to a Four-Year School; CFPB Ombudsman Issues 2021 Mid-Year Update; U.S. Department of Education News; General News

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August 23, 2021

Articles on: NCHER Daily Briefing to Publish on Abbreviated Schedule This Week; Weekly Rundown; House Returns to Legislative Business to Vote on Budget Resolution Triggering; Reconciliation; Department of Education Announces Relief to Military Student Loan Borrowers; U.S. Department of Education News; Member News; General News

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August 16, 2021

Articles on: NCHER Daily Briefing to Publish on Abbreviated Schedule This Week; Weekly Rundown; Department of Education Nominates Amy Loyd for Assistant Secretary of Career, Technical, and Adult Education; Center for Responsible Lending Brief Examines “Underwater Borrowers”; Third Way Memo Provides Recommendations for How to Fix the Student Loan System; U.S. Department of Education News; General News

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August 12, 2021

Articles on: Senate Passes Budget Resolution With $3.5 Trillion in Reconciliation Instructions, House Set to Clear in Late August; Senate Passes Bipartisan Invest in America Act, Includes Higher Education Funding and PAB Expansion; Senate Majority Leader Schumer Sets Vote on Kvaal Nomination for September, Warren Drops Hold; Federal Student Aid Finds Two Closed For-Profit Colleges Owe $6 million; CFPB Releases Report on Mortgage Servicers’ Response to the Pandemic; Urban Institute Report Examines Impact of Pell Grant Formula Changes; U.S. Department of Education News; General News

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August 9, 2021

Articles on: Weekly Rundown; Department of Education Issues “Final” Extension of Student Loan Payment and Collections Moratorium; Department of Education Issues New Interpretation on State Preemption of Student Loan Servicing; Department of Education Announces Negotiated Rulemaking Topics and Calls for Nominations Senate Budget Committee; Democrats Release Text of Budget Resolution With Reconciliation Instructions Federal Reserve Releases Consumer Credit Report, Student Loans Are the Exception to Robust Increases; U.S. Department of Education News; Member News; General News

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August 5, 2021

Articles on: Bipartisan House and Senate Members Send Letter to Education Secretary Cardona Urging Relief for Disabled Borrowers; Sen. Marco Rubio Reintroduces LOAN Act; California Requires ISA Provider to Register as Education Loan Servicer; Under New Law; NCES Report Examines Relationship Between Bachelor’s Degree Pell Grant Recipient in Further Education; SBPC Releases Blog Questioning How Employers are Using Predatory Debt; U.S. Department of Education News; General News

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August 4, 2021

Articles on: Sens. Durbin and Cornyn Unveil Bipartisan Fresh Start Through Bankruptcy Act; ARRC Releases Latest Newsletter Covering June and July Activities; Florida A&M Becomes the Latest HBCU to Forgive Student Debt; U.S. Department of Education News; General News

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August 3, 2021

Articles on: Senate Judiciary Committee Holds Hearing on Student Loan Bankruptcy Reform; New York Fed Releases Household Debt and Credit Report, Shows Increase in Total Debt But Decline in Student Loan Balances; Senate HELP Committee Deadlocks on Nomination of Lhamon to Serve as Assistant Secretary of Civil Rights; Senate Democrats Send Letter to Education Secretary Cardona Regarding Closure of CEHE Schools; Treasury Secretary Yellen Sends Letter to Congressional Leadership on the Debt Limit; U.S. Department of Education News; General News

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August 2, 2021

Articles on: Weekly Rundown; Senate Judiciary Committee Announces Witnesses for Student Loan Bankruptcy Hearing; CFPB Announces Debt Collection Rules Will Take Effect on November 30; House and Senate Education Committee Leaders Send Letter to Secretary Cardona on Student Loan Repayment; Senate Democratic and Republican Negotiators Unveil $1 Trillion Infrastructure Package, Budget Resolution Expected Later This Week; Department of Education Announces Expansion of Second Chance Pell Program; U.S. Department of Education News; General News

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July 29, 2021

Articles on: House Financial Services Committee Passes Adjustable Interest Rate (LIBOR) Act; House Passes Labor, HHS, Education Appropriations Act, Includes One-Year Extension of AMF; Department of Education Announces Funding for Under-Resourced Institutions; ARRC Announces Formal Approval of SOFR Term Rates; House Education and Labor Subcommittee Holds Hearing on Pell Grants; TICAS Report Examines How to Close Racial and Economic Gaps; SBPC Report Finds For-Profit Schools Target Black and Latino Communities; U.S. Department of Education News; General News

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July 28, 2021

Articles on: Senate Judiciary Committee Announces Hearing on Student Loan Bankruptcy; Senate Majority Leader Schumer Gives Speech on Senate Floor Urging President to Extend the Pause on Federal Student Loan Payments; Senate HELP Committee Reschedules Vote on Lhamon Nomination; House Completes Debate on Amendments to Labor/HHS/Education Appropriations Package; Federal Reserve Completes Two-Day FOMC Meeting, Maintains Funds Rate at Near Zero; Third Way Releases Report on College Affordability Compact for the Next Generation; Strada Education Network Report Examines the Value of Nondegree Credentials; U.S. Department of Education News; General News

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July 27, 2021

Articles on: Senate Banking Subcommittee Holds Hearing on Student Loans and the Economy; House Begins Consideration of Labor, HHS, Education, and Related Agencies Appropriations Act; Senate Democrats Hold Press Conference Urging White House to Extend Federal Student Loan Payment Pause; Brookings Institution Report Examines Student Outcomes for Short-Term Programs; U.S. Department of Education News; General News

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July 26, 2021

Articles on: Weekly Rundown; House Financial Services Committee Expected to Markup LIBOR Transition Bill on Wednesday; Department of Education Seeks Input on Public Service Loan Forgiveness Program; Ranking Member Foxx Sends Letter to Education Secretary Cardona Asking About Plan to Transition Student Loan Borrowers; Data for Progress Releases Poll on Public Attitudes on Student Loans; Rep. Hayes Introduces Time for Completion Act; U.S. Department of Education News; General News

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July 22, 2021

Articles on: CFPB Releases Webinar on Student Loan Debt Scams; White House Releases Fact Sheet on How Build Back Better Plan Benefits Young Americans; Rep. Courtney Calls on President Biden to Extend the Federal Student Loan Payment Pause, Congress to Allow Student Loan Refinancing; Sen. Durbin Introduces Adjunct Faculty Loan Fairness Act, Expands PSLF; ARRC Announces Conventions and Use Cases for Transition to SOFR and Away from LIBOR; U.S. Department of Education News; General News

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July 21, 2021

Articles on: Senate Banking Committee Slated to Hold Hearing on Student Loan Borrowers and the Economy Next Week; Senate HELP Committee Votes on Department of Education Nominees, Burr Opposes Civil Rights Nominee; Senate Democrats Call for Increased Investment in Educator Workforce; Missouri Governor Signs Bill Removing Public College Tuition Cap; U.S. Department of Education News; General News

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July 20, 2021

Articles On: Inside Higher Ed and College Pulse Report Students Favor Free College, Other Affordability Proposals; GAO Report Finds Department of Education Did Not Follow Guidelines on COVID-19 Funds; Former Secretary DeVos Opposes Nomination of Catherine Lhamon as Top Civil Rights Official; NBER Report Says GI Bill Benefits Do Not Pay Off for Student Veterans; U.S. Department of Education News

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July 19, 2021

Articles On: House Expected to Vote on Labor, HHS, Education Appropriations Act Later This Month; NHHEAF Network Announces It Will Not Seek Extension of Federal Student Loan Servicing Contract; CA Community College Chancellor Oakley to Advise Department on Higher Education Policy; NCAN Report Finds FAFSA Completions Dipped in 2021; Second Circuit Court Rules in Navient Case That Private Education Loan Not Educational Benefit, Dischargeable in Bankruptcy; Pew Releases Survey on Borrowers’ Awareness of Payment Pause and Repayment; U.S. Department of Education News

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July 15, 2021

Articles on: House Appropriations Committee Approves FY 2022 Labor, HHS, Education Appropriations Act, Includes AMF Extension; House and Senate Democrats Send Letter to Education Secretary Cardona on Collections Practices; ARRC Announces Symposium on the Transition to SOFR; Federal Reserve Beige Book Confirms Economy Continues to Strengthen; Education Reform Now Releases Report Questioning VA Higher Education System; U.S. Department of Education News; General News

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July 14, 2021

Articles on: Democrats Unveil $3.5T Top Line Budget Reconciliation Level to Fulfill Biden’s Agenda; Warren and Markey Released Loan Servicers Responses on Resuming Payments; NASFAA and NASPA Released New Report that Evaluates CARES Act Funding for Postsecondary Institutions; The House Financial Services Committee Holds a Hearing Titled, “Monetary Policy and the State of the Economy; U.S. Department of Education News; General News

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July 13, 2021

Articles On: Senate Budget Committee Dems and White House Work to Reach Budget Resolution Agreement; Department of Education Announces Temporary Changes to FAFSA Verification Process; The Senate Health, Education, Labor, and Pensions Committee holds a hearing on three nominations for senior positions at the U.S. Department of Education; BPC Release a Report on the Return of Student Loan Payments: An Opportunity for Clarity and Repayment Flexibility; Groups Urge U.S. News to Stop Using SAT or ACT in College Ranking; U.S. Department of Education News; Member News - EdFinancial

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July 12, 2021

Articles On: NCHER Weekly Rundown; House Appropriations Subcommittee Passes FY 2022 Labor, HHS, Education Bill, Includes AMF Extension; Department of Education Announces New FSA Leaders; FTC Announces Settlement with Two Florida-based Companies that Helped Student Loan Debt Relief Scammers; House Education Committee Ranking Member Foxx Sends Letter to Education Secretary Cardona on PHEAA Transition; TICAS Report on How Can Congress Improve College Affordability & Permanently Reduce Reliance on Student Debt; Department of Education Approves Additional Borrower Defense Claims; Sens. Reed and Collins Reintroduce PASS Act to Help Make Higher Education More Affordable and Accessible; U.S. Department of Education News; Member News - iGrad

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July 8, 2021

Articles On: House Appropriations Committee Slated to Release Final FY2022 Bills Over the Weekend;  Department of Education Urging White House to Extend Student Loan Payment Pause; PHEAA Announces It Will Not Extend Federal Student Loan Servicing Contract; Department of Education Announces More Biden-Harris Political Appointees; CRFB Report Says Student Loan Debt Levels Expected to Rise After Debt Forgiveness Actions; Sen. Schatz Reintroduces the College Equity Act; CSBS and NACRA Urge Education Secretary Cardona to Retract Federal Memo on Student Loan Preemption; Federal Reserve Consumer Credit Report Shows Student Loan Debt Barely Increased Again; National Student Clearinghouse Report Finds College Persistence Rate Drops Two Percentage Points; Federal Reserve Minutes Signal Possible Early Reduction in Asset Purchases; GAO Releases Report Outlining Outstanding Recommendations for the Department of Education

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July 6, 2021

Articles On: NCHER Daily Briefing to Publish on Abbreviated Schedule This Week; Department of Education Releases Memo on FFELP Special Allowance Rates; CFPB Releases New Complaint Bulletin, Details Student Loan Servicing Complaints; NSLDN Report Criticizes Department of Education on Collecting Debt fromStudent Borrowers v. Institutions; CBO Releases Update to the Budget and Economic Outlook

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July 1, 2021

Articles on: NCHER Offices Closed on Monday for Independence Day; NCHER Welcomes New Officers, Board of Directors; NCHER Website to Receive Upgrade Starting at 5:00 pm Today, New User Registration Required Next Tuesday; Senate and House Education Committee Leaders Urge President Biden to Extend Student Loan Payment Pause; Department of Education Announces Implementation of TEACH Grant Changes

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June 30, 2021

Articles on: House Ways and Means Subcommittee Holds Hearing on Expanding Access to Higher Education; Federal Reserve Bank of Richmond Releases New Economic Brief on Income Drive Repayment Plans; Pew Charitable Trusts Releases Report on Effects of Pandemic on Student Loan Repayment; 2U and edX Join Together in Effort to Dramatically Expand Online Learning; Student Loan Hero Releases Report on Black College Graduate Debt and Earnings

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June 29, 2021

Articles On: NCHER Website to Get Upgrade Later This Week, New User Registration Required; House Financial Services Committee Announces July Schedule; Department of Education Urged to Delay DeVos-Era Higher Education Rules; U.S. Supreme Court Declines to Hear Student Loan Bankruptcy Case; CFPB Issues Supervisory Highlights on Debt Collection, Private Education Loan Origination, and Student Loan Servicing; Oregon Legislature Passes Student Loan Bill of Rights; Third Way, New America Release Report on COVID-19s Impact on Current and Future College Students

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June 28, 2021

Articles on: FSA Announces Cancellation of ISS, BPO Vendors to Start Contract Work in Fall; Reps. Banks, Cleaver, Sens. Scott and Manchin Send Letter to Department of Education to Update Student Loan Disclosure; FTC Sends Student Loan Debt Settlement Proceeds to Affected Consumers

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June 24, 2021

Articles on: Sens. Warren, Schumer, Consumer Groups Urge President to Extend Federal Student Loan Payment Pause; Department of Education Concludes Public Hearings on Negotiated Rulemaking; House Clears Congressional Review Act Resolution Repealing True Lender Rule; Department of Education Publishes Deadline for FAFSA, Title IV Programs; House Education and Labor Committee Holds Hearing with Education Secretary Cardona; Senate Appropriations Subcommittee Holds Hearing with Treasury Secretary Janet Yellen, Calls for Action on the Debt Ceiling; FTC Sends Refunds to People who Lost Money to Student Loan, Mortgage Debt Relief Scheme

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June 23, 2021

Articles on: NCHER Website to Get Upgrade in Early July, New User Registration Required; Department of Education Continues Public Hearings on Negotiated Rulemaking; Reports: Sen. Warren Behind Effort to Stall James Kvaal’s Nomination Over Student Loan Policies; Reps. Kuster, Burchett, Schrier, and Upton Introduce Expanding Access to Graduate Education Act

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June 22, 2021

Articles on: News Reports: Kvaal Nomination Reportedly Being Stalled in Senate by Democrat; Foxx, Smith Send Letter to Department of Education on How Colleges and Universities are Spending COVID Funds; AEI Releases New Report on Changing Incentives Between Education and Employment

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June 21, 2021

Articles on: Department of Education Begins Public Hearings on Negotiated Rulemaking; Sens. Warren, Smith, Markey Send Letters to Federal Servicers Requesting Information on Steps to Place Borrowers Back Into Repayment; White House Releases Unified Agenda for Spring 2021; Department of Education IG Releases Audit on Suspension of Collections for Federally Held Student Loans; Federal Housing Administration Takes Steps to Remove Barriers to Homeownership for those with Student Loan Debt

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June 17, 2021

Articles on: Senate HELP Committee Holds Hearing on Returning to Campus Safely and Needs of Students in Higher Education; Senate HELP Committee Approves Graham Nomination; Education Secretary Cardona Recuses Himself from Final Decision on ACICS; FCC Announces Free Test Period for Reassigned Number Database; Education Department Announces Implementation Dates for Removal of FAFSA Selective Service and Drug Conviction Questions; NCES Releases Report on Undergraduates in the Pandemic

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June 16, 2021

Articles on: Senate Appropriations Subcommittee Holds Hearing on President’s Budget Request for U.S. Department of Education; House and Senate Democrats Unveil Plan to Double Pell Grants; Department of Education Announces Approval of Borrower Defense to Repayment Claims for ITT; Federal Reserve Maintains Federal Funds Rate at Near Zero, But Sees Increase in 2023; CFBP Issues Interpretive Rule on Authority to Resume Examinations Regarding the Military Lending Act; MacKenzie Scott Announces New Financial Awards for Colleges and Higher Education Organizations; Rep. Virginia Foxx Pens Op-Ed on Free College and Student Loan Forgiveness

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June 15, 2021

Articles on: House Appropriations Committee Announces Markup Schedule; Labor/H Bill to be Considered on July 12; IHEP Report Examines Ways Institutions Can Increase Equity in Recruitment, Admissions, and Enrollment Practices; NASFAA, NACUBO Send Letter to FSA Requesting Delay in New Requests for Single Audit Cycle

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June 14, 2021

Articles on: CFPB Releases Updated Rulemaking Agenda; Department of Education Releases Updated Student Aid Quarterly Data Reports; Department of Education Announces Delay on FAFSA Simplification, Implementation; Student Borrower Protection Center Releases Memo Urging Regulators to Revisit ISAs; FSA COO Cordray Answers Questions on Student Loans in The Washington Post; Department of Education Announces New Political Appointees; Treasury Secretary Yellen Gives Remarks on Progress in Switching to LIBOR Alternative; APLU and TIAA Release New Brief Arguing for Enhancing Financial Assistance Programs; Roosevelt Institute Releases Brief Arguing Student Debt Cancellation is Progressive

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June 8, 2021

Articles on: U.S. Department of Education Forecasts Federal Student Loan Costs to Increase by $53 Billion; Federal Reserve Report Shows Student Loan Debt Barely Increased in April.

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June 7, 2021

Articles on: Consumer Groups Send Letter to Department of Education Nominee on Undoing DeVos Agenda; AEI Releases New Report on Risk-Sharing Income Share Agreements; CRFB Releases Report Highlighting Partial Student Debt Cancellation is Poor Economic Stimulus; NASFAA Awarded Grant to Develop Targeted Policy Solutions for Prevalent Student Loan Repayment Issues

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June 3, 2021

Articles on: NCHER Annual Conference: New FSA Head Richard Cordray to Discuss His Vision for the Federal Student Loan Program, Register Today!; House and Senate Republican Education Committee Leaders Urge Education Secretary Cardona to Restart Federal Student Loan Payments; U.S. Department of Education Terminates Recognition of ACICS as a Federal Accreditor; President’s Budget Request Includes Additional Resources for Federal Loan Servicing; National Student Clearinghouse Report Finds Transfer Student Enrollment Continues to Drop; Federal Reserve Report Shows Faster Economic Growth

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