Author Archive
September 16, 2022 Biden Administration Federal Student Loan Forgiveness FAQs The office of Federal Student Aid (FSA) recently released FAQs regarding the Biden administrations recent student debt relief announcement. The announcement from FSA is below: One-Time Student Loan Debt Relief On Aug. 24, 2022, the Biden-Harris Administration announced a Student Debt Relief Plan that includes one-time student…
To: COHEAO Members From: Robert Moran, Jared Solomon, and Jimmy Koch All, On August 27th, the Department of Education issued an electronic announcement regarding the assignment of Perkins Loans that have been in default for two or more years. COHEAO is aware that the Department is continuously following up on this announcement through direct outreach…
July 30, 2021 To: COHEAO Members From: Robert Moran, Jared Solomon, and Jimmy Koch The Consumer Financial Protection Bureau (CFPB) announced that two final rules issued under the Fair Debt Collection Practices Act (FDCPA) will take effect as planned, on Nov. 30, 2021. The CFPB issued a proposal in April 2021 that, if finalized, would…
July 16, 2021 To: COHEAO Members From: Robert Moran, Jared Solomon, and Jimmy Koch In Minnesota, Governor Tim Waltz signed both H.F. 6, a comprehensive funding measure, and H.F. 7, an omnibus higher education bill, on June 26, 2021. These bills contain several provisions of interest to COHEAO members that went into effect on July…
December 8, 2020 To: COHEAO MembersFrom: Harrison Wadsworth, Robert Moran, Jared Solomon, Jimmy Koch Today, Rep. Mark Pocan (D-WI) will introduce the Perkins Access, Retention, and Completion (ARC) Act, a bill to establish a new Perkins loan program. COHEAO has worked closely with Rep. Pocan and his staff over the past two years to get…
The Consumer Financial Protection Bureau today made public its final regulations changing Regulation F, implementing the Fair Debt Collection Practices Act. The press release put out by the Bureau is below. The regulations can be found here. The regulations will take effect one year from when they are published in the Federal Register; that is…
Logo Use Policy
The Coalition of Higher Education Assistance Organizations, a non-profit corporation and any of its affiliates (“COHEAO”) takes pride in the reputation it has acquired since its foundation and as a result, must make sure to protect its marks. COHEAO is the sole owner of its logo and membership secures the COHEAO Member’s right to display…
COHEAO Members, To aid our work with Congress on COVID-19 relief policies and their impact on Perkins loans, we have created a survey to better understand the actions and circumstances that colleges and universities across the country are facing with their loan portfolios during this public health emergency. The survey results will remain confidential and…
To: COHEAO MembersFrom: COHEAO Washington Office President Trump issued an executive order, pasted below, that extends the pause in payments of Department of Education held loans through the end of the year. It does not apparently affect school-held Perkins or HHS loans. Memorandum on Continued Student Loan Payment Relief During the COVID-19 Pandemic EDUCATIONIssued on:…
As you’re aware, the COVID-19 Perkins Loan Relief Act (H.R. 7294) was recently introduced in the House of Representatives by Rep. Katie Porter (D-CA). We know that this legislation creates significant concerns for both our institutional and commercial members and the bill does not seem to acknowledge the unique nature of the Perkins Loan program….
