-->

Monday, June 19, 2017

This Week in Legislation - Week of June 19, 2017

 
Week of June 19, 2017
 
·         This week, both the U.S. House of Representatives and U.S. Senate are in session for legislative business. While neither chamber is expected to consider student financial aid-related legislation, the House will consider H.R. 2353, the Strengthening Career and Technical Education for the 21st Century Act, which would reauthorize the Carl D. Perkins Career and Technical Education Act that provides funds to states, community colleges, and high schools to improve and promote career and technical education programs.
·         On Tuesday starting at 8:30 a.m., the U.S. Chamber of Commerce Foundation, Gallup, and the American Institutes for Research (with the support of Strada Education Network) host an event to highlight their “Launch My Career” tool. Launch My Career, a state-specific consumer information resource for traditional and nontraditional students, was launched in 2016 to provide program-level outcomes information. The event will highlight how to use the tool to help students identify personally and professionally satisfying career pathways, as well as how the education and business communities can work together to promote these pathways for students. Participants in the event include: Cheryl Oldham, Senior Vice President, Center for Education and Workforce, U.S. Chamber of Commerce Foundation; Mark Schneider, Vice President and Institute Fellow, American Institutes for Research, and President, College Measures; Brandon Busteed, Executive Director, Education and Workforce Development, Gallup; Amelia Bozeman, Executive Director, Business Education Partnership Foundation; Laura Chrisco, Director of Design and Implementation for Texas OnCourse, University of Texas at Austin; Kim Clark, Senior Writer, Money Magazine; Paul Fain, News Editor, Inside Higher Ed; and Robin Wise, President and Chief Executive Officer, Junior Achievement - Rocky Mountain, Inc.
·         On Tuesday at 10:00 a.m., the Bipartisan Policy Center (BPC) hosts a discussion titled, “Promoting Affordability and Accountability in the U.S. Higher Education System.” The discussion will focus on how states, institutions of higher education, and the federal government can work to promote affordability and accountability. Participants include: The Honorable Tim Scott (R-SC); Sheila Bair, Former President, Washington College, and Former Chair, Federal Deposit Insurance Corporation; Mitch Daniels, President, Purdue University, and Former Governor, State of Indiana; Dr. Mariko Silver, President, Bennington College; Dr. Alisa White, President, Austin Peay State University; and moderator Kimberly Hefling, Senior Education Writer, Politico.
·         On Tuesday at 10:00 a.m., the Senate Judiciary Committee holds a hearing entitled, “Free Speech 101: The Assault on the First Amendment on College Campuses.” Witnesses include: Zachary Wood, Student, Williams College; Frederick Lawrence, Secretary and Chief Executive Officer, Phi Beta Kappa Society; Isaac Smith, Student, University of Cincinnati College of Law; Dr. Fanta Aw, Interim Vice President of Campus Life, American University; Professor Eugene Volokh, Gary T. Schwartz Distinguished Professor of Law, University of California Los Angeles School of Law; Richard Cohen, President, Southern Poverty Law Center; and Floyd Abrams, Senior Counsel, Cahill Gordon & Reindel LLP.
·         On Tuesday at 10:30 a.m., the Brookings Institution hosts a discussion titled, “The Lamppost Theory: Why Economic Policy So Often Comes up Short.” The event will discuss what politicians and economists can learn from each other, and what this all means for the prospects for tax reform in 2017. Participants include: Alan Blinder, Visiting Fellow, Brookings Institution; Former Rep. Barney Frank (D-MA); Vin Weber, Partner, Mercury, LLC; and moderator David Wessel, Director, the Hutchins Center on Fiscal and Monetary Policy.
 
·         On Tuesday at 12:45 p.m., House Speaker Paul Ryan (R-WI) delivers his first major speech on tax reform during an address at the National Association of Manufacturers 2017 Manufacturing Summit: The Resilience of the American Economy. Following his speech, Speaker Ryan will participate in a question and answer session.
 
·         On Tuesday at 2:30 p.m., the Senate Appropriations Subcommittee on Financial Services and General Government holds a hearing on the Fiscal Year 2018 budget proposal for the Federal Communications Commission (FCC). Witnesses include: The Honorable Ajit Pai, Chairman, FCC; The Honorable Mignon Clyburn, Commissioner, FCC; and The Honorable Michael O’Rielly, Commissioner, FCC.
·         On Wednesday at 10:00 a.m., the Senate Homeland Security and Governmental Affairs Committee considers the nominations of Russell Vought to serve as the Deputy Director of the Office of Management and Budget (OMB) and Neomi Rao to serve as the Administrator of the Office of Information and Regulatory Affairs at OMB.
 
·         On Wednesday at 2:00 p.m., the House Appropriations Subcommittee on Financial Services and General Government holds a hearing on the Fiscal Year 2018 budget request for the Office of Management and Budget. The sole witness will be The Honorable Mick Mulvaney, Director, OMB.
 
·         On Thursday at 10:00 a.m., the Consumer Financial Protection Bureau (CFPB) hosts a public event on student loan servicing at North Carolina State University in Raleigh, NC. The event will feature remarks from CFPB Director Richard Cordray and North Carolina Attorney General Josh Stein.
·         On Thursday at 10:00 a.m., the Senate Banking, Housing, and Urban Affairs Committee holds a hearing entitled, “Fostering Economic Growth: Regulator Perspective.” Witnesses include: The Honorable Jerome Powell, Member, Federal Reserve System Board of Governors; The Honorable Martin Gruenberg, Chairman, Federal Deposit Insurance Corporation; The Honorable Mark McWatters, Acting Chairman, National Credit Union Administration; Keith Noreika, Acting Comptroller, Office of the Comptroller of the Currency; and Charles Cooper, Commissioner, Texas Department of Banking, on behalf of the Conference of State Bank Supervisors.
 
·         On Thursday at 1:30 p.m., Education Secretary Betsy DeVos delivers remarks at an event hosted by the National Archives titled, “National Conversation on Rights and Justice: Building a More Perfect Union.” The Secretary will speak during a session regarding “Enlightened and Engaged: Education for Democracy?”
 
·         On Friday at 2:15 p.m., Federal Reserve Board of Governors Member Jerome Powell gives a speech titled Central Clearing and Liquidity” at the Federal Reserve Bank of Chicago Symposium on Central Clearing in Chicago, IL.
 
This information is shared by SASFAA's Legislative Affairs' Committee and NCHER.
 

Tuesday, June 13, 2017

This Week in Legislation - Week of June 12, 2017

Week of June 12, 2017
 
·         This week, both the U.S. House of Representatives and U.S. Senate are in session for legislative business. However, neither chamber is expected to consider student financial aid-related legislation. This week, the Trump Administration is expected to hold a series of events focused on expanding apprenticeship program for blue-collar workers, including announcing new executive actions to promote job training.
 
·         Today at 4:00 p.m., the House Appropriations Subcommittee on Financial Services and General Government holds a hearing on the Fiscal Year 2018 budget proposal for the U.S. Department of Treasury. The sole witness will be The Honorable Steven Mnuchin, Secretary, U.S. Department of Treasury. 
·         On Tuesday and Wednesday, all day, the Federal Reserve holds a two-day meeting of its Federal Open Market Committee. The minutes for each regularly scheduled meeting of the Committee, which include a description of economic and financial conditions, are made available three weeks after its policy decisions are posted in the Federal Reserve Board’s Annual Report.
·         On Tuesday at 10:00 a.m., the Senate Budget Committee holds a hearing on the U.S. Department of Treasury’s Fiscal Year 2018 budget proposal. The sole witness will be The Honorable Steven Mnuchin, Secretary, U.S. Department of Treasury. 
·         On Tuesday at 2:00 p.m., the House Judiciary Subcommittee on the Constitution and Civil Justice holds a hearing entitled, “Lawsuit Abuse and the Telephone Consumer Protection Act.” Witnesses include: Rob Sweeney, Founder and Chief Executive Officer, Mobile Media Technologies; Becca Wahlquist, Partner, Snell and Wilmer; Hassan Zavareei, Partner, Tycko and Zavareei, and Adonis Hoffman, Founder and Chairman, Business in the Public Interest. 
 
 
·         On Wednesday starting at 9:00 a.m., the American Enterprise Institute (AEI) hosts a discussion on a new report analyzing how marriage, childbearing, and the “success sequence” are linked to financial well-being and how policymakers, educators, and other civic leaders can promote smart choices among today’s young adults. The event titled, “Millennials and the ‘Success Sequence’: How do Education, Work, and Marriage Affect Poverty and Financial Success Among Millennials?”, features Wendy Wang, Senior Researcher, Insight Research Consulting; W. Bradford Wilcox, Visiting Scholar, AEI; Ron Haskins, Senior Fellow, Brookings Institution; Annie Lowrey, Contributing Editor, The Atlantic; Ian Rowe, Chief Executive Officer, Public Prep Network; Michael Farkosh, Director of Curriculum and Assessment, Girls Prep Bronx Middle School; Kesi Wilson, Alumni, Girls Prep Bronx Middle School, and Graduate, Philips Exeter Academy; and Daisha Rivas, Student, Girls Prep Bronx Middle School.
·         On Thursday at 9:30 a.m., the Senate Homeland Security and Governmental Affairs Subcommittee on Regulatory Affairs and Federal Management holds a hearing entitled, “Agency Approaches to Reorganization: Examining the Office of Management and Budget’s Memorandum on the Federal Workforce.” In this hearing, the subcommittee will examine the processes that agencies are pursuing to reorganize, streamline, and make their operations and organizational structures more effective. Witnesses include: The Honorable Ellen Herbst, Chief Financial Officer and Assistant Secretary for Administration, U.S. Department of Commerce; Lee Lofthus, Assistant Attorney General for Administration Justice Management Division, U.S. Department of Justice; Don Bice, Associate Director, Office of Budget and Program Analysis, U.S. Department of Agriculture; and Michael Stough, Director, Program Analysis and Evaluation Division, Office of the Chief Financial Officer, U.S. Department of Homeland Security.
 
·         On Thursday at 10:00 a.m., the House Education and the Workforce Subcommittee on Higher Education and Workforce Development holds a hearing entitled, “Helping Americans Get Back to Work: Implementation of the Workforce Innovation and Opportunity Act.” Witnesses will be announced at a later date. 
·         On Thursday at 11:00 a.m., the Senate Veterans Affairs Committee meets to consider S. 410, the Shawna Hill Post 9/11 Education Benefits Transferability Act; S. 473, the Educational Development for Troops and Veterans Act; and S. 882, to amend title 38, United States Code, to provide for the entitlement to educational assistance under the Post-9/11 Educational Assistance Program of the Department of Veterans Affairs for members of the Armed Forces awarded the Purple Heart.
·         On Thursday at 11:00 a.m., National Journal hosts a free webinar titled, “What’s Next for Financial Reform?”, which will address whether the Trump Administration will embrace the Financial CHOICE Act or pursue its own plan, and outline what to expect in finance policy going forward. National Journal participants include: Hunter Hamrick, Finance Policy and Data Visualization Fellow; Francis Torres, Policy and Data Visualization Fellow; Alistair Taylor, Director of Strategic Content and Presentations; and Dan O’Brien, Network Science Initiative Research Analyst. 
 
 
·         On Thursday at 3:00 p.m., the Municipal Securities Rulemaking Board (MSRB) hosts a free webinar titled, “Municipal Advisor Representative Qualification Examination.” During this webinar, staff of the MSRB and the U.S. Securities and Exchange Commission will review the standards of professional qualification for municipal advisors and discuss the enrollment process for taking the MSRB’s Municipal Advisor Representative Qualification Examination (Series 50).
·         Friday is the deadline for the public to provide comments to the U.S. Department of Education on the draft 2018-2019 Free Application for Federal Student Aid, which was released on April 11, 2017. The Department is reporting a net burden increase of 5,790,741 hours for 2018-2019.
 
This information is shared by SASFAA's Legislative Affairs' Committee and NCHER.
 

Wednesday, May 31, 2017

This Week in Legislation - Weeks of May 30 and June 5, 2017



Week of May 30, 2017

 
·         This week, both the U.S. House and U.S. Senate are in recess for the Memorial Day holiday. Federal lawmakers will return to Washington, DC for legislative business on Monday, June 5, 2017.

·         On Wednesday at 2:00 p.m., the Federal Reserve releases its Beige Book. Eight times a year, the Fed releases its Beige Book, a summary of current economic conditions for the 12 Federal Reserve Districts based on anecdotal information gathered through reports from Bank and Branch Directors and interviews with key business contacts, economists, market experts, and other sources.

·         On Thursday at 8:00 a.m., Federal Reserve Board of Governors Member Jerome Powell gives a speech titled, “Thoughts on the Normalization of Monetary Policy” at the Breakfast Meeting of The Economic Club of New York in New York.
·         On Thursday starting at 9:30 a.m., Strada Education Network and Gallup release the results of their Education Consumer Pulse, a three year study of U.S. adults about their perspectives and experiences with postsecondary education. During the event, attendees will hear opening remarks by Bill Hansen, President and Chief Executive Officer, Strada Education Network; learn about the reports’ findings from Brandon Busteed, Executive Director, Education and Workforce Development, Gallup; and hear reaction from a panel of experts, including: Carol D’Amico, Executive Vice President, Strada Education Network; Les Lenkowsky, Special Counselor to the Dean, Lilly Family School of Philanthropy; Teresa Lubbers, Commissioner, Indiana Commission for Higher Education; and Johnny Taylor, President and Chief Executive Officer, Thurgood Marshall College Fund.

 
·         On Thursday at 10:00 a.m., the American Enterprise Institute (AEI) hosts a panel discussion titled, “Is it Time to Reinstate the Glass-Steagall Act?” During the event, Richard Sylla, Professor Emeritus of Economics, New York University Stern School of Business, will provide remarks on the history of the Glass-Steagall Act. Other participants include: Martin Baily, Senior Fellow, The Brookings Institution; Oliver Ireland, Partner, Morrison and Foerster LLP; Paul Kupiec, Resident Scholar, AEI; Norbert Michel, Research Fellow, The Heritage Foundation; and moderator Alex Pollock, Distinguished Senior Fellow, R Street Institute.

 

Week of June 5, 2017


The NCHER Daily Briefing will be on a publishing break next Monday, June 5, through Wednesday, June 7, due to the 2017 Spring Convention. 

 
·         This week, both the U.S. House and U.S. Senate are in session for legislative business. However, neither chamber is expected to consider student financial aid-related legislation.

 
·         On Tuesday and Wednesday, all day, insideARM hosts the third annual First Party Summit in Frisco, TX. This event is billed as the industry’s first-ever and only summit focused totally on the unique challenges of first party collections, outsourcing, and customer care. 

 
·         On Tuesday, all day, the CATO Institute hosts a half-day summit event titled, “Banking Unbound: The CATO Summit on Financial Regulation,” in Charlotte, NC. Participants include: Thaya Brook Knight, Associate Director, Financial Regulation Studies, Center for Monetary and Financial Alternatives, CATO Institute; Mark Calabria, Assistant to the Vice President and Chief Economist, CATO Institute; George Selgin, Director, Center for Monetary and Financial Alternatives, CATO Institute; Brian Knight, Senior Research Fellow, Mercatus Center at George Mason University; Emily Ekins, Research Fellow and Director of Polling, CATO Institute; and Kelly King, Chairman and Chief Executive Officer, BB&T Corporation.
·         On Tuesday at 9:30 a.m., the Brookings Institution’s Center on Regulation and Markets and Hutchins Center on Fiscal and Monetary Policy brings together four experts with differing views on preserving or modifying Orderly Liquidation Authority in a discussion titled, “Is Dodd-Frank’s Failure Resolution Regime Failing?” Participants include: Ben Bernanke, Distinguished Fellow in Residence, Brookings Institution; David Skeel, S. Samuel Arsht Professor Corporate Law, University of Pennsylvania Law School; Hester Peirce, Director, Financial Markets Working Group and Senior Research Fellow, Mercatus Center at George Mason University; Rodgin Cohen, Senior Chairman, Sullivan & Cromwell LLP; and moderator David Wessel, Director, The Hutchins Center on Fiscal and Monetary Policy.


·         On Wednesday at 3:00 p.m., the Federal Reserve releases its “Consumer Credit – G.19” report, which includes the amount of outstanding federal and private student loans.

·         On Thursday at 10:00 a.m., the Consumer Financial Protection Bureau (CFPB) holds a summer meeting of its Consumer Advisory Board with CFPB Director Richard Cordray to discuss credit visibility, credit products, trends and themes, and small business lending.


·         On Thursday at 12:00 p.m., the Federal Reserve releases its “Financial Accounts of the United States - Z.1” report, which examines the assets, liabilities, net worth, and consumer credit (including student loans) of households, nonprofit organizations, and nonfinancial corporate businesses. The Z.1 report is released four times a year, in March, June, September, and December.

 

This information is shared by SASFAA's Legislative Affairs' Committee and NCHER.

 


Friday, May 19, 2017

Nudging Students Toward Smart Borrowing


For Publication

Inceptia.org




Nudging Students Toward Smart Borrowing

Using loan summaries to help borrowers better understand their loans.



As students increasingly rely on loans to finance part or all of their college education the need for relevant, timely information to help make informed borrowing choices has become more critical than ever.
 
Students themselves are indicating a need for such initiatives, as demonstrated through a number of surveys that uncover numerous confusing concepts for loan borrowers. Consider the following:
·         48% of borrowers either don’t know or incorrectly estimate the amount they have borrowed.1
·         28% incorrectly believe they have no federal loans at all.1
·         94% of student borrowers do not understand their loan repayment terms.2
 
The ramifications for borrower confusion can be significant. When students do not invest in or avail themselves of existing loan counseling resources, those students, as well as schools and society at large, suffer from the effects of over borrowing, lower degree attainment, increased attrition, and student loan default.
 
A number of schools and states, however, are using a simple yet innovative approach to help students actively manage loan debt as they progress toward degree completion. These institutions use loan summaries, sometimes called “debt letters,” to supplement loan counseling practices and expand on financial education outreach—keeping students apprised of their individual borrowing levels and allowing them to make informed choices about future repayment scenarios.
 
Loan summaries/debt letters are a simple, low-touch effort to keep student borrowers engaged in the active management of their loans while in school. While letters can vary among institutions, commonalities include a summary of current aggregate borrowing, estimated monthly repayment amounts, and resources for learning more or obtaining help. These summaries are strategically scheduled to be delivered at times when students are making financial aid and/or course registration decisions, thus providing a highly-effective, just-in-time intervention for borrowers.
 
Inceptia’s newest research brief, Loan Summaries: Nudging Students Toward Smart Borrowing, examines how three different universities administered their loan summary initiatives and the corresponding results on student behavior. The results offer support that this simple, lost-cost practice can impact not only borrowing behaviors, but also academic performance and enrollment persistence. Furthermore, the brief offers best practice considerations for schools looking at implementing loan summaries as to support student success.
 
The research brief and a recorded webinar diving deeper into the brief’s findings and offering insight and strategies on how loan summaries help borrowers better understand their loans can be viewed at inceptia.org/smart-borrowers.
1. Akers, E. and Chingos, M. (2014, December). Are College Students Borrowing Blindly? Brookings Institution. Retrieved from: https://www.brookings.edu/wp-content/uploads/2016/06/Are-College-Students-Borrowing-Blindly_Dec-2014.pdf
2. Rathmanner, D. (2016, January). January 2016 Student Loan Borrower Survey. LendEDU. Retrieved from https://lendedu.com/blog/January-student-loan-survey.

###

Tuesday, May 16, 2017

This Week in Legislation - Week of May 15, 2017



Week of May 15, 2017
 

·         This week, both the U.S. House and U.S. Senate are in session for legislative business. However, neither chamber is expected to consider student financial aid-related legislation.

·         Today at 12:00 p.m., the CATO Institute hosted a panel discussion titled, “Major Tax Reform in 2017?” which covered the economics of tax reform and commented on the policy process in the months ahead. Panelists also explored the proposed changes to individual taxes outlined in the Trump and House plans, and further, examined U.S. business taxation in light of dramatic reforms undertaken in the UK and around the world that offer important lessons for U.S. policymakers. Participants included: J. D. Foster, Vice President, Economic Policy Division, Chief Economist, U.S. Chamber of Commerce; Jason Fichtner, Senior Research Fellow, Mercatus Center, George Mason University; Chris Edwards, Director of Tax Policy Studies, Editor, DownsizingGovernment, Cato Institute; Ryan Bourne, R. Evan Scharf Chair for the Public Understanding of Economics, Cato Institute; and moderator Peter Russo, Director of Congressional Affairs, Cato Institute.

·         Today at 12:30 p.m., New America hosted an event titled, “Ethical Use of Predictive Analytics in Higher Education.” Participants included: Bill Moses, Managing Director, The Kresge Foundation’s Education Program; Iris Palmer, Senior Policy Analyst, New America; Sylvia Cini, Director of Special Projects, Central Piedmont Community College; Mark Milliron, Co-Founder & Chief Learning Officer, Civitas Learning; George Siemens, Executive Director, Link Research Lab at the University of Texas at Arlington; and Manuela Ekowo, Policy Analyst, New America.

·         On Tuesday at 8:30 a.m., the American Enterprise Institute (AEI) hosts House Education and the Workforce Committee Chairwoman Virginia Foxx (R-NC) as the sole speaker at an event titled, “The Opportunities of Career and Technical Education.” Chairwoman Foxx will focus her remarks on how career and technical education programs can provide promising opportunities to American students and help develop necessary skills for an evolving workforce. Following her remarks, Andy Smarick, Morgridge Fellow in Education at AEI, will host a one-on-one conversation with Chairwoman Foxx.

·         On Tuesday, all day, the Center for American Progress holds its 2017 Ideas Conference, which will “bring together national leaders of the progressive cause,” including elected officials and grassroots organizers, to discuss economic policy, national security, civil rights, and more. Participants include: Sen. Elizabeth Warren (D-MA); Sen. Jeff Merkley (D-OR); Sen. Chris Murphy (D-CT); Sen. Amy Klobuchar (D-MN); Sen. Kirsten Gillibrand (D-NY); Sen. Kamala Harris (D-CA); Sen. Cory Booker (D-NJ); House Democratic Leader Nancy Pelosi (D-CA); Rep. Adam Schiff (D-CA); Rep. Maxine Waters (D-CA); Rep. Keith Ellison (D-MN); North Carolina Gov. Roy Cooper; former United Nations Ambassador Susan Rice; Montana Gov. Steve Bullock; and Virginia Gov. Terry McAuliffe.

·         On Wednesday at 10:00 a.m., the House Education and the Workforce Committee meets to consider H.R. 2353, the Strengthening Career and Technical Education for the 21st Century Act. The bill would update the federal law that provides support to state and local career and technical education programs, the Carl D. Perkins Career and Technical Education Act.

·         On Wednesday at 10:30 a.m., the Senate Budget Committee holds a hearing entitled, “Running the Government for Less.” Witnesses include: The Honorable Gene Dodaro, Comptroller General of the United States, U.S. Government Accountability Office; and Dr. Keith Hall, Director, Congressional Budget Office.

·         On Wednesday at 11:00 a.m., the Federal Reserve Bank of New York releases its Q1 2017 Household Debt and Credit Report, which offers an updated snapshot of household trends in borrowing and indebtedness, including data about mortgages, student loans, credit cards, and auto loans.

·         On Wednesday at 2:00 p.m., The Heritage Foundation hosts a panel discussion titled, “The Volcker Rule.” The rule’s original intent was to prohibit banks from engaging in what’s known as proprietary trading and panelists will discuss the merits of the rule and its potential to help avoid any future financial crisis.  Participants include: Dennis Kelleher, President and Chief Executive Officer, Better Markets, Inc.; Andy Green, Managing Director of Economic Policy, American Progress; Thomas Quaadman, Executive Vice President, U.S. Chamber Center for Capital Markets Competitiveness; Chris Iacovella, Chief Executive Officer, Equity Dealers of America; and moderator Norbert Michel, Senior Research Fellow, The Heritage Foundation.

·         On Thursday at 10:00 a.m., the House Ways and Means Committee holds a hearing titled, “How Tax Reform Will Grow Our Economy and Create Jobs.” Witnesses will be announced at a later date. Individuals and/or organizations may submit a written statement for consideration by the committee and for inclusion in the printed record of the hearing through the committee’s website by close of business Thursday, June 1, 2017.
 

·         On Thursday at 10:00 a.m., the Senate Banking, Housing, and Urban Affairs Committee holds a hearing titled, “Domestic and International Policy Update.” The sole witness will be The Honorable Steven Mnuchin, Secretary, U.S. Department of Treasury.

·         On Friday, starting at 11:00 a.m., the FCC’s Consumer Advisory Committee meets to consider a recommendation from its Robocalls Working Group regarding the Commission’s Notice of Proposed Rulemaking and Notice of Inquiry on unlawful robocalls released on March 23, 2017. The committee will also receive presentations by FCC staff and outside speakers on matters of interest to the committee.  


·         On Sunday, Vice President Mike Pence delivers the commencement address at the University of Notre Dame in Notre Dame, IN.

 

This information is shared by SASFAA's Legislative Affairs' Committee and NCHER.

Friday, May 12, 2017

SASFAA Volunteers for 2017-18



            Do you wish to be involved with the regional association?  When asked to volunteer, the immediate response of many aid administrators is "I do not have time to serve."  In most roles as a SASFAA volunteer, you will invest less than ten hours of your time as a committee member, moderator, presenter, local arrangements assistant, etc.  Volunteering provides an opportunity to meet and engage with other financial aid professionals to develop lifetime friendships.  Please consider volunteering for SASFAA for 2017-18 to support an association that goes far and beyond to provide guidance for students, parents, administrators, and colleagues.  We would like for volunteers to complete the volunteer form by May 31, 2017.  During SASFAA’s transition meeting in June, the board members will review the list of volunteers.  New and seasoned financial aid administrators, please volunteer now by clicking the link below.  Thank you for volunteering.

 

http://www.sasfaa.org/event-2449872


 

 

Tuesday, May 9, 2017

This Week in Legislation - Week of May 8, 2017



Week of May 8, 2017


·         This week, the U.S. House is in recess and will return for legislative business on Monday, May 15, 2017. The U.S. Senate is in session for legislative business, but it is not expected to consider student financial aid-related legislation.

      ·         On Wednesday at 10:30 a.m., the Senate Budget Committee holds a hearing titled, “Economic Growth Policies for the New Administration.” The sole witness will be: The Honorable Phil Gramm (R-TX), former U.S. Senator, and Visiting Scholar, American Enterprise Institute (AEI).


·         On Wednesday at 12:00 p.m., Education Secretary Betsy DeVos delivers the spring commencement address at Bethune-Cookman University’s graduation ceremony in Daytona Beach, FL.

·         On Wednesday at 2:00 p.m., the Consumer Financial Protection Bureau (CFPB) hosts a field hearing on small business lending in Los Angeles, CA. The event will feature remarks from CFPB Director Richard Cordray and testimony from community groups, industry representatives, and members of the public.


·         On Thursday at 9:30 a.m., New America hosts a summit titled, “Varying Degrees: How America Perceives Higher Education.” The event will take a closer look at America’s thoughts and perceptions of higher education and discuss the implications of these findings for students, institutional leaders, and policymakers. Participants in the first panel on “How Current Students View Higher Education and the Pursuit of the American Dream,” include: Jemiscoe Chambers-Black, Student, Southern New Hampshire University; Lindsay Shurtliff, Student, Northern Virginia Community College; Ariel Ventura-Lazo, Student, Northern Virginia Community College; and moderator Danielle Douglas-Gabriel, Reporter, The Washington Post. Participants in the second panel on “Discussion: Diving into the Data – Translating America’s Perceptions Into Policy,” include: José Luis Cruz, President, Lehman College; Cheryl Oldham, Vice President of Education Policy, U.S. Chamber of Commerce; Scott Ralls, President, Northern Virginia Community College; Deborah Santiago, Chief Operating Officer and Vice President for Policy, Excelencia in Education; and moderator Rob Nabors, Director of U.S. Policy, Advocacy, and Communications, The Bill & Melinda Gates Foundation.

·         On Thursday at 4:00 p.m., AEI and the Pepperdine School of Public Policy host an event titled, “Viewpoint Diversity in American Higher Education,”  to discuss political partisanship in American higher education and faculty’s role in addressing this dynamic. Participants include: Jon Shields, Government Professor, Claremont McKenna College; Samuel Abrams, Political Science Professor, Sarah Lawrence College; Gerard Alexander, Political Science Professor, University of Virginia; Eliot Cohen, International Affairs Scholar, Johns Hopkins School of Advanced International Studies; James Gimpel, Political Science Professor, University of Maryland; Samuel Goldman, Political Science Professor, The George Washington University Loeb Center for Religious Freedom; and moderator Pete Peterson, Dean, Pepperdine School of Public Policy.

·         On Friday at 12:00 p.m., Hogan Lovells US LLP hosts a complimentary webinar for CLE credit titled, “Telephone Consumer Protection Act (TCPA) for the Boardroom  - An Executive Focus.” Led by firm partner Mark Brennan, the webinar will focus on the key decisions facing company executives as they navigate TCPA risks and assess compliance strategies. Specifically, the webinar will assess major risk drivers and key factors for strategic decision-making; recent litigation and regulatory developments; the election impact; and issues on the horizon for the rest of this year. The Hogan Lovells team will also discuss evolving compliance strategies and additional Board actions and operational steps that participants can take to help protect their organization against class action lawsuits and regulatory enforcement actions. For details and to register, visit the Hogan Lovells website.

·         On Saturday at 10:00 a.m., President Donald Trump delivers the keynote address at Liberty University’s commencement ceremony in Lynchburg, VA.

 

This information is shared by SASFAA's Legislative Affairs' Committee and NCHER.