On Monday, the U.S. Court of Appeals for the Fifth Circuit issued a nationwide injunction blocking the U.S. Department of Education (ED) from implementing its new borrower defense to repayment (BDR) rules. The BDR rules,...more
Wednesday’s U.S. Department of Education Dear Colleague Letter announces an expanded Department interpretation of the definition of Third-Party Servicer to include a new array of vendors providing student recruiting and...more
2/20/2023
/ Colleges ,
Data Privacy ,
Dear Colleague Letter ,
Department of Education ,
FOIA ,
Inspector General ,
Recruitment Policies ,
Reporting Requirements ,
Student Loans ,
Third-Party Service Provider ,
Title IV ,
Universities
On January 20, 2022, the Consumer Financial Protection Bureau (CFPB) announced new efforts to examine postsecondary schools’ institutional lending programs. Many colleges and universities offer in-house student loans,...more
Yesterday evening, the U.S. Department of Education (ED) released a much-anticipated Q&A regarding Borrower Defense to Repayment Reporting due from institutions of higher education beginning on May 14, 2019. The key points of...more
Help! Do we have to report every pending lawsuit to the U.S. Department of Education by May 14?
No. But, under newly effective regulations and guidance, (private and maybe public) institutions of higher education must...more