Archive for the ‘Spark Notes’ Category

June 27, 2022 · by Wes · Spark Notes

You are Invited to Help Make Higher Education Possible for Our Students! In addition to an extensive list of sessions and speakers at the 2022 Annual Conference, COHEAO is pleased to announce our annual fundraiser/silent auction to benefit COHEAO’s scholarship fund.  This is our only fundraiser for this worthy cause.   With the money raised,…

June 10, 2022 · by Wes · Spark Notes

To All COHEAO Members: As you know last November, COHEAO wrote to the Department of Education expressing concerns and questioned the legality of the Department’s August 27, 2021 electronic announcement concerning the assignment of Perkins Loans. That letter can be found here. Last week, COHEAO received a letter from Under Secretary James Kvaal in response…

May 23, 2022 · by Wes · Spark Notes

Withholding student transcripts of students who owe funds to an institution has percolated as a consumer/student fairness issue over the past year.  As such, many states have introduced measures that would prohibit colleges and universities from withholding transcripts due to unpaid debts. Withholding transcripts is a key tool in the process by which colleges and…

May 4, 2022 · by Wes · Spark Notes

  Today, the office of Federal Student Aid (FSA) announced a one year extension of the mandatory assignment of Federal Perkins Loans in Default for more than two years. If you have any questions, please reach out to COHEAO’s executive director, Robert Moran.   Click here to view the announcement.   FSA’s announcement is below:…

January 21, 2022 · by Wes · Spark Notes

The Consumer Financial Protection Bureau (CFPB) announced yesterday that it plans to examine the operations of colleges that offer private student loans directly to students. The CFPB stated that it is concerned about institutional loans because of past examples of high interest rates citing actions at two for-profit operators that shut down in the mid-2010s…

November 10, 2021 · by Wes · Spark Notes

As you know, COHEAO has been actively engaged and reviewing the Department’s August 27th notice regarding the mandatory assignment of Perkins loans that are more than 2 years in default.  Our previous Sparks indicated that COHEAO would be taking action.   This week, a letter was sent to Under Secretary James Kvaal asking him to…

September 29, 2021 · by mlivolsi · Spark Notes

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…

September 24, 2021 · by Wes · Spark Notes

On Friday, August 27, the Department of Education issued a notice regarding the assignment of Perkins Loans that have been in default for more than two years.  As you know, over the past several years, the Department through Federal Student Aid (FSA) has stepped up their efforts to require schools to assign defaulted Perkins Loans…

August 31, 2021 · by Wes · Spark Notes

On Friday, August 27, the Department of Education issued a notice regarding the assignment of Perkins Loans that have been in default for more than two years.  As you know, over the past several years, the Department through Federal Student Aid (FSA) has stepped up their efforts to require schools to assign defaulted Perkins Loans…

August 18, 2021 · by mlivolsi · Spark Notes

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…

« Older Entries