
On Thursday, November 17, 2022, the US Department of Justice (DOJ) announced a new policy on handling cases involving bankruptcy of student loan debt in cooperation with the Department of Education (ED). DOJ released guidance to Department attorneys that handle bankruptcy cases outlining a new process for recommending the discharge of student loan debt to…
Dear COHEAO Member, I am writing to share the following note from COHEAO’s Institutional Loan Task Force and attached document: I hope your fall semester is off to a good start. I am pleased to announce that the COHEAO Institutional Loan Committee has developed suggested policy and procedures for managing an institutional loan…
On September 29th, the Consumer Financial Protection Bureau (CFPB) released a report of Supervisory Findings on a number of topics, including institutions that offered institutional loans and transcript withholding policies. The report found that schools had improper blanket policies of withholding transcripts to force students to make payments that violate federal law. COHEAO is…