News & Analysis as of

Federal Student Loans Financial Aid

McGuireWoods LLP

U.S. Department of Education Officially Asserts Authority over Income Share Agreements

McGuireWoods LLP on

On March 2, 2022, the U.S. Department of Education’s Office of Federal Student Aid (FSA) for the first time asserted regulatory authority over income share agreements (ISAs) as private education loans. FSA issued an...more

Hogan Lovells

Department of Education embarks on negotiated rulemaking

Hogan Lovells on

On October 4, 2021, the U.S. Department of Education (ED) commenced the first of five negotiated rulemaking sessions. The five sessions are focused on the federal student financial aid programs authorized under Title IV of...more

Franczek P.C.

What Schools Can Do To Address Suspect Guardianship Orders in Financial Aid Decisions

Franczek P.C. on

A recent Department of Education inquiry regarding transfers of guardianship of college-aged students in Illinois is making news across the country. The Department’s Office of the Inspector General is looking into the...more

Hogan Lovells

U.S. Department of Education Announces Further Delays to Borrower Defense to Repayment Regulations

Hogan Lovells on

On October 24, the U.S. Department of Education (“ED”) published an interim final rule to delay until July 1, 2018 the effective date of selected provisions of what have become known as the borrower defense to repayment...more

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