On Tuesday, July 31, 2018, the U.S. Department of Education (Department) published in the Federal Register the official notice of proposed rulemaking (NPRM) on borrower defense to repayment and related issues (BDR). This new rule, which would apply to all institutions that participate in the federal financial aid programs, proposes the following important changes:
Notably, in October 2017, Aaron was selected by the U.S. Department of Education to serve as one of 17 negotiators charged with overhauling the BDR rule. The Department appointed Aaron to represent and negotiate on behalf of general counsels, attorneys, and compliance officers at postsecondary institutions nationwide. In late 2017 and early 2018, he worked with the other negotiators to inform the Department’s drafting of this NPRM.
We strongly encourage institutions of higher education to attend the webinar, and to consider commenting on the proposed rule. We emphasize that the Department is only providing a 30-day public comment period, which will expire on August 30, 2018. As such, it is critical that institutions quickly familiarize with the rule and prepare and submit their comments.
*Please note that no CLE credit will be offered for this webinar
*This is a 90-minute presentation
August 14, 2018
Although we would like to hear from you, we cannot represent you until we know that doing so will not create a conflict of interest. Also, we cannot treat unsolicited information as confidential. Accordingly, please do not send us any information about any matter that may involve you until you receive a written statement from us that we represent you (an ‘engagement letter’).
By clicking the ‘ACCEPT’ button, you agree that we may review any information you transmit to us. You recognize that our review of your information, even if you submitted it in a good faith effort to retain us, and, further, even if you consider it confidential, does not preclude us from representing another client directly adverse to you, even in a matter where that information could and will be used against you. Please click the ‘ACCEPT’ button if you understand and accept the foregoing statement and wish to proceed.