NCHER (National Commission for Higher Education & Research)
The National Council of Higher Education Resources (NCHER) is the nation’s oldest and largest higher education finance trade association. NCHER’s membership includes state, nonprofit, and for-profit higher education service organizations, including lenders, servicers, guaranty agencies, collection agencies, financial literacy providers, and schools, interested and involved in increasing college access and success. It assists its members in shaping policies governing federal and private student loan and state grant programs on behalf of students, parents, borrowers, and families.
NCHER represents its members on public policy initiatives within the legislative and executive branches of the federal government, and brings together the higher education community to strengthen all federal and private student loan and state grant programs through its ongoing involvement with Congress, the U.S. Department of Education, the U.S. Department of Treasury, the Consumer Financial Protection Bureau, the Federal Communications Commission, and other federal agencies, associations, and organizations engaged in student financing and policy.
The organization’s mission, revised in 2014, is to enhance its member organizations’ abilities to help families and students develop, pay for, and attain their educational goals so they can pursue meaningful and rewarding work and become contributing members of society. The mission covers a broad range of postsecondary education service opportunities and reflects the fact that the work and interests of the membership do not end when a student or borrower enrolls in postsecondary education. The members care whether the individual has attained his or her educational goals, not just whether he or she simply accessed a degree program. The membership cares whether or not completing this education helped the individual pursue meaningful and rewarding work and becoming a contributing member of society, not just whether he or she is simply paying taxes. The mission statement supports and joins the national discussion around student outcomes, career development, civic engagement, lifelong learning, and social impact. Similar to the new millennial generation that we mainly serve, NCHER wants its mission and work to make a difference.
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