NCHER Committee Descriptions
College Access and Success Workgroup
Joseph Booth, ALL Management Corporation
Sara Wilson, USA Funds
The College Access and Success Committee assists our members in meeting their missions to increase college access and completion for students interested in pursuing postsecondary education. The committee fosters and promotes best practices for those activities around career and college exploration, planning, and counseling; pre-college, in-school, and post-college financial literacy; and college-to-career initiatives, and efforts to assist students in transitioning to successful employment. The committee monitors those legislative and regulatory activities that impact state grant programs and 529 plans and provides recommended improvements to policy makers.
Debt Management and Borrower Support Committee
Phillip Cervin, Texas Guaranteed
Carl Perry, Progressive Financial Services, Inc.
The Debt Management and Borrower Support Committee provides a platform for the exchange of ideas around the development of strategies to promote responsible borrowing, reduce delinquency and default, increase the recovery of defaulted student loans, and assist struggling borrowers and students in transitioning to successful employment. In conjunction with the College Access and Success Committee, the committee also focuses on the promotion of post-college financial literacy. The committee pursues its charge by conducting high-quality research and providing analysis of, and recommendations for, policies and procedures relating to federal and private student loan debt.
Private Education Loan and Consumer Finance Committee
Mark Eden, Iowa Student Loan
Tim Kaiser, Discover Financial Services
The Private Education Loan and Consumer Finance Committee serves as the hub of a growing network of knowledge for schools, loan providers, servicers, collection agencies, and others, and promotes the development of sound public policy with respect to private education loans. The committee tracks non-federal education lending, including consumer credit products that do not meet the statutory definition of private education loans but still provide funds to pay for higher education (e.g., open-end credit programs, home equity loans, and mortgage loan refinancing). The Committee monitors the growing legislative and regulatory activities of the Consumer Financial Protection Bureau and other consumer protection activities at both the national and state levels and provides recommended improvements to policy makers.
Program Regulations and Policy Committee
Chair: Ed Brandt, ACS Education Services
The Program Regulations and Policy Committee is responsible for coordinating policy areas across all NCHER committees. The committee tracks, comments, and supports our members regarding activities in the regulatory arena, including the following: support, as needed, during negotiated rulemaking; developing NCHER responses to Notices of Proposed Rulemaking, sub-regulatory positions of the U.S. Department of Education, proposed federal forms, and Common Manual proposals; preparing extensive analytical and training materials relating to current and proposed regulations and legislation for dissemination to NCHER members and other interested parties; offering recommendations in response to federal initiatives such as reauthorization of the Higher Education Act; and providing content for the e-library on the NCHER web site. This committee also serves as a forum for sharing operational knowledge, experience, and best practices between guaranty agencies, lenders and servicers, secondary markets, and other participants. The committee also works closely with the IBR and Borrower Parity/Servicer Workgroups.