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Through discussions with a number of our members, we have learned that Conduent (formerly Xerox/ACS) has informed their clients of their intention to discontinue servicing campus-based loans including Perkins as well as institutional loan programs. While we are still in the process of gathering information, we wanted to share with our membership that COHEAO is…
Registration for the 2017 COHEAO Annual Conference is now available. Join us January 29-February 1 at the Ritz-Carlton Pentagon City, which is just across the river from our nation’s capital. Click here for the conference agenda. Click here for conference registration. The COHEAO Annual Conference is the must-attend event for student financial services administrators on…
A note from the COHEAO DC Office Today, the US House of Representatives passed the Senate-amended version of the Perkins Loan Extension Act of 2015. Representative Mike Bishop (R-MI), the sponsor of the legislation, took to the floor and requested unanimous consent that the House pass the Senate-amended version of HR 3594. There were no…
A note from the COHEAO DC Office Today, the Senate passed the Perkins Loan Extension Act of 2015 by unanimous consent (UC). After Senate HELP Committee Chairman Lamar Alexander (R-TN) twice objected to bipartisan UC requests to pass the House passed-legislation extending the program (H.R. 3594) in September and October, he reached an agreement with…
December 15, 2015 A note from: Wes Huffman (whuffman@wpllc.net) Senate Perkins Loan supporters reached an agreement yesterday with Health, Education, Labor and Pensions Committee Chairman Lamar Alexander (R-TN) on a two-year extension of the Perkins Loan Program. The extension is a compromise that contains some unfortunate restrictions insisted on by Alexander, but that represents a compromise…
Senate HELP Committee Chairman Tom Harkin recently released a Higher Education Act reauthorization discussion draft, the Higher Education Affordability Act (HEAA). Harkin asked for comments from interested parties. In COHEAO’s response, President Maria Livolsi noted the Federal Campus-Based programs align with Chairman Harkin and the Committee’s goals with HEA reauthorization–increasing affordability and helping struggling borrowers,…
Congratulations to two COHEAO members, Joe Weglarz of Marist College and Keith Fitzsimmons of the University of Kansas Medical Center. for winning our most recent drawing for free COHEAO webinars. Joe and Keith may use their free webinar certificate during the numerous online events we host throughout the year. Their names were drawn at random…
Although Lawsuits Grab Headlines, National News Stories Highlight Key Elements of Perkins Program
Prepared by: Harrison Wadsworth (hwadsworth@wpllc.net) how to get your ex back Perkins Loans have been in the news this week, with Bloomberg News Service, National Public Radio and Bloomberg TV all running pieces on colleges suing their former students to collect defaulted Perkins Loans. This began with the Bloomberg News Service Article, for which the…
Senator Franken Introduces “The Arbitration Fairness for Students Act”
Just before Congress departed for recess, Sen. Al Franken (D-MN) introduced the “Arbitration Fairness for Students Act,” S. 3557. The bill would prohibit the use of mandatory arbitration requirements in required enrollment contracts. computer software stores The bill was referred to the Senate HELP Committee and is extremely unlikely to receive consideration in the 112th…
NerdWallet (www.nerdwallet.com), a new website which provides consumer finance comparison tools and personal finance information has recently been exploring the issue of the income-based repayment (IBR) plan in the federal student loan programs. As part of these efforts, NerdWallet interviewed Wes Huffman of Washington Partners, who serves as Legislative Director for COHEAO, for his thoughts…
