Washington Update: Student Debt, Omnibus, and Regulatory Changes

Chief Justice Amy Coney Barrett reviewed and dismissed two of the six filed suits against Biden’s Student Debt Cancellation Plan

Two other pieces of litigation will receive oral arguments from the Supreme Court by February 28, 2023

Presidents should encourage all current borrowers to ensure their student aid data is timely and accurate at studentaid.gov

FSA departments announced that cohort default rates for fiscal year ’19 decreased for all institutions

The Fiscal Year 2023 Omnibus Appropriations bill gives roughly $79.8 billion to education and includes a $500 increase in the maximum Federal Pell Grant

The Notice of Proposed Rulemaking (NPRM) is pending publication until April 2023