This week on a special episode of “Off The Cuff,” Justin is joined by Dr. Tisa Silver Canady, the founder and executive director of the Maryland Center for Collegiate Financial Wellness, to discuss student loan repayment, including some significant changes in the system that occurred in the past three years during the pause on federally-held student loans, and where things stand as repayment resumes. Justin and Tisa break down what repayment options are available to borrowers, discuss the importance of using return on investment as a metric for assessing postsecondary options, and help make sense of confusing messaging over the Biden administration’s attempts to carry out a student debt cancellation program.
This week on “Off the Cuff,” Justin is joined by Karen and Rachel to dig into the Department of Education’s (ED) latest announcement concerning the rollout of the 2024-25 FAFSA. The team discussed ED’s pledge to release the FAFSA by December 31 and highlighted how the delayed delivery of Institutional Student Information Records (ISIRs) could impact schools. Justin and Karen then discuss what this compressed timeline could mean for financial aid professionals and detail the ways in which NASFAA is urging the department to support financial aid offices and stakeholders. Rachel then highlights the latest developments on federal spending negotiations and how the process could unfold in 2024.
This week on "Off the Cuff," Allie, Jill, and David discuss updates with the negotiated rulemaking process for student debt relief and new changes with FAFSA simplification and the contributor process. Jill first debriefs listeners on last week’s negotiated rulemaking session on student loan debt relief and the Department of Education's proposed regulatory text. David then explains how a student can invite a contributor to complete the FAFSA and other intricacies with the contributor process in completing the 2024-25 FAFSA.
This week on "Off The Cuff," Justin and Karen are joined by Jon Fansmith, the American Council on Education's senior vice president of government relations and national engagement, to discuss the latest fears from the financial aid community surrounding outstanding questions on the rollout of FAFSA simplification. The team digs into those concerns, offers suggestions on contingency planning, and stresses for aid offices to remain flexible as the department approaches its December rollout. The team then dives into the latest congressional news and updates listeners on the annual appropriations process, previews next week’s negotiated rulemaking session and highlights some reporting on a bumpy transition to student loan repayment.