Federal Student Aid head Richard Cordray resigns amid FAFSA rollout issues and investigations.
Federal Student Aid head Richard Cordray is stepping down, following criticism over the botched rollout of the college financial aid form, FAFSA. Cordray's office has faced issues with a new version of FAFSA, causing delays and technical glitches that have left millions of students waiting for information on college costs. His departure announcement comes amid investigations by the Government Accountability Office into the new form's implementation.
April 26, 2024
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