CECU Daily Update Email

COVID-19 Resources & Webinars
On March 13, 2020, Career Education Colleges and Universities launched an information webpage for institutions responding to Coronavirus (COVID-19). CECU’s Coronavirus webpage includes a multitude of helpful resources to assist higher education leaders understand the various legal and operational implications of temporarily closing a campus or adapting courses to online learning.
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View all past webinars, including COVID-19 response webinars in the CECU Member Resource Center. If you need assistance gaining access please email events@career.org.

Coronavirus - Education News
Virginia’s Governor Urges Liberty U. to Tell Students to Stay Home – The Chronicle of Higher Education
Quoting Scripture, Gov. Ralph S. Northam of Virginia on Wednesday strongly urged Liberty University’s president, Jerry Falwell Jr., to reconsider his decision to invite thousands of students to return to campus amid the state’s worsening coronavirus crisis.

Powers Update Regarding COVID-19 Guidance for Postsecondary Institutions – Powers
This article provides links to, and briefly summarizes, recent guidance issued by federal agencies and potential legislation designed to ease the burden on higher education institutions.

ICYMI - Secretary DeVos Directs FSA to Stop Wage Garnishment, Collections Actions for Student Loan Borrowers, Will Refund More Than $1.8 Billion to Students, Families
U.S. Secretary of Education Betsy DeVos announced today that, due to the COVID-19 national emergency, the Department will halt collection actions and wage garnishments to provide additional assistance to borrowers. This flexibility will last for a period of at least 60 days from March 13, 2020.

Additional Coronavirus Coverage - Updated Daily
McConnell Agrees To Pause Student Loan Repayment In Coronavirus Stimulus – Forbes; ‘Zoombombing’ Attacks Disrupt Classes – Inside Higher Ed; ED Halts Collections on Defaulted Student Loans Due to COVID-19 – NASFAA; Managing COVID-19 Update: Legislative Fix Protects GI Bill Benefits – CoolyED.

Member Spotlight
Utah nursing school donates over $3,000 worth of personal protective equipment to local hospital
As the number COVID-19 cases continues to grow in Utah, hospitals across the nation are seeing a major shortage of medical supplies, known as personal protective equipment.

Education News
San Francisco’s Top Art School Plans Closing After Almost 150 Years – The New York Times
The San Francisco Art Institute will not accept students for the fall semester after almost 150 years in operation, ending the legacy of a once-storied school that produced famous artists like Annie Leibovitz, Kehinde Wiley and Catherine Opie.

Preparing for The Great Enrollment Crash – The Evolllution
You’ve heard the news, right? Colleges and universities in the United States, particularly private institutions, need to start preparing for the “Great Enrollment Crash” coming in the 2025/2026 school year.

A New Great Depression For Higher Education? – Forbes
Moody’s Investor Services and Fitch have proclaimed that the financial outlook for American higher education looks bad. Moody’s has given the sector negative ratings for most recent years, predicting low albeit positive tuition revenue growth.

Coronavirus - Stimulus Bill
Congress Strikes Deal for $2 Trillion COVID-19 Relief Package – NASFAA
The $2 trillion bill includes roughly $30 billion in an Education Stabilization Fund, of which about $14 billion will be allocated to higher education, and includes multiple provisions related to student aid.

Washington Watch: What the CARES Act holds for higher ed – Community College Daily
After its 96-to-zero vote, the Senate now sends the Coronavirus Aid, Relief and Economic Security (CARES) Act (H.R. 748) to the House, which is expected to pass it on Friday morning. President Trump has said he would immediately sign the largest economic rescue package in U.S. history.

Already Looking for the Next Stimulus – Inside Higher Ed
Advocates who have been pushing for student loan debt to be canceled were disappointed that, even with a $2.2 trillion price tag, the stimulus package approved by the U.S. Senate late Wednesday night doesn’t do more.

Coronavirus - Resources
CER Coronavirus (COVID-19) News Coverage
We have put all of our coronavirus coverage regarding higher education on one page. View coverage here.

Coronavirus (COVID-19) Web Center - NASFAA
This web center has been created to keep NASFAA members and the financial aid community updated on pertinent news related to the coronavirus (COVID-19).
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*NEW* Follow-Up Webinar — COVID-19 and Federal Student Aid: What We Know
Join us Thursday, April 2 at 2:00 p.m. ET for this special follow-up webinar as NASFAA President Justin Draeger and NASFAA staff from the AskRegs and policy teams review some of the most common questions related to Title IV aid and COVID-19.