Overview and How to Prepare for the Biden Administration’s Final Borrower Defense to Repayment Rule
Presenters:
- Nicholas Kent, Chief Policy Officer, CECU
- Aaron Lacey, Partner, Thompson Coburn
Join CECU’s Chief Policy Officer Nicholas Kent and Chair of Thompson Coburn’s Higher Education Practice Aaron Lacey for a 90-minute overview of the Biden administration’s final borrower defense to repayment rule published on November 1, 2022. The presenters will cover major provisions of the final regulations, such as new categories of acts that could lead to a borrower defense claim, how group claims can be formed using information from non-Federal entities, and the claims adjudication and recoupment processes. They will also highlight significant changes between the proposed and final regulations and provide practical advice for institutions preparing for the July 1, 2023, effective date. Although time is allotted for live Q&A, attendees are encouraged to submit questions ahead of time through the webinar registration.