MSCHE Signs Letter Encouraging USDE to Rescind Third-Party Servicers DCL

The Middle States Commission on Higher Education (MSCHE) joined the American Council on Education (ACE) and more than 80 higher education organizations in encouraging the United States Department of Education (USDE) to rescind the February 15, 2023, Dear Colleague Letter (DCL), “Requirements and Responsibilities for Third-Party Servicers and Institutions.” The letter from ACE, states,

We strongly encourage the Department to rescind the DCL and then implement other measures to better focus on the entities that are of concern to the Department. We believe that the upcoming negotiated rulemaking session presents a better opportunity for considering alternative approaches that will better meet the Department’s goals while minimizing unintended consequences.

The letter is endorsed by organizations and associations representing students, institutions of higher education, advocates, and others.

Click to read the letter.