Duane Morris March 2, 2022 On February 17, 2022, the Federal Trade Commission (FTC) published an Advance Notice of Proposed Rulemaking (ANPR) and a request for public comment regarding a proposed rule to address what the agency calls “deceptive or unfair marketing” that relies upon false claims about potential earnings. The FTC […]
Higher Ed Dive Jeremy Bauer-Wolf March 2, 2022 Dive Brief: The U.S. Department of Education on Wednesday reminded colleges of their legal obligation to inform students of the costs and conditions of taking out private loans, including income-share agreements. In an online notice, the department highlighted a recent finding by the Consumer Financial Protection […]
Inside Higher Ed Scott Jaschik March 2, 2022 President Biden proposed more money for Pell Grants and minority-serving institutions in his State of the Union address Tuesday night. A fact sheet released by the White House said, “Providing up to more than [sic] $2,000 in additional assistance to low-income students by […]
Committee on Education and Labor March 1, 2022 Education and Labor Committee Republican Leader Virginia Foxx (R-NC) issued the following statement reacting to President Biden’s State of the Union in crisis: “Tonight, the American people did not watch a State of the Union address. They did not see a resolute […]
Work Shift Sandy Baum and Jorge Klor De Alva February 23, 2022 Few issues are more contentious than the role of for-profit colleges in higher education, write Sandy Baum and Jorge Klor de Alva. But they say consensus is both necessary—and possible. Few issues are more contentious than the role […]
Newsmax Horace Cooper February 18, 2022 Over the next several weeks, the Department of Education will consider implementing new regulations and requirements that will single out proprietary or “for-profit” colleges. These sweeping new regulatory changes will drastically alter the ability of the students admitted to these schools to access federal […]
American Military News Chris Woodward February 21, 2022 You don’t have to agree with their politics to get the message protesting truckers sent across the border from Canada: The economy depends on truck drivers. And America just doesn’t have enough of them. According to the American Trucking Association, the nation is currently […]
Federal Trade Commission Jay Mayfield February 17, 2022 Agency launches rulemaking to challenge false earnings claims by multilevel marketers, for-profit colleges, and “gig economy” platforms The Federal Trade Commission launched a proceeding to challenge bogus money-making claims used to lure consumers, workers, and prospective entrepreneurs into risky business ventures that […]
Inside Sources Fred Freedman February 16, 2022 The COVID-19 pandemic has taken an unimaginable toll on our lives, livelihood, and mental well-being. As we enter the third year of this global crisis, the emergence of new variants like Omicron and the threat of future ones have left everyone somewhere between exhausted and […]
The Economic Standard Krisztina Pusok This week, the Department of Education’s negotiated rulemaking committee will meet to discuss sweeping changes to the 90/10 rule governing the share of revenue that career colleges can receive from the federal government. According to reports, the committee is likely to recommend broadening the scope […]