CAPPS

New Education Department Rules on Failing For-Profit Colleges

New Education Department Rules on Failing For-Profit Colleges

Inside Higher Ed Scott Jaschik March 24, 2022 The Education Department announced new measures that will hold companies that own for-profit colleges that fail responsible for the funds owed to the federal government, including liabilities arising from closed-college loan discharges and borrower defense to repayment claims. This will ensure that even if […]

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Ed Department fails to reach agreement on most new regulatory proposals

Ed Department fails to reach agreement on most new regulatory proposals

Higher Ed Dive  Natalie Schwartz March 18, 2022 Dive Brief:  The U.S. Department of Education failed to reach agreement this week with key higher education representatives on the Biden administration’s proposals for several new regulations, including those that would heavily affect the for-profit sector and monitoring of colleges’ financial health. […]

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A Fatal Mistake in the Gainful Employment Rule

A Fatal Mistake in the Gainful Employment Rule

Real Clear Education  Andrew Gillen March 17, 2022 This week marks the final round of the U.S. Department of Education’s negotiated rulemaking session addressing the critical issue of accountability in higher education. One of the issues under consideration is the Gainful Employment Rule, an Obama-era regulation that sought to strengthen […]

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New Report on California Students’ Unpaid Balances

New Report on California Students’ Unpaid Balances

Inside Higher Ed  Sara Weissman March 18, 2022 The Student Borrower Protection Center, an advocacy organization focused on student debt, released a report Thursday that examines the levels of institutional debt accrued by California students during the pandemic. The center estimates that 373,025 students across California’s public higher education systems incurred about […]

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