Duane Morris July 23, 2019 The 2016 State Authorization Rule went into effect May 26, 2019, after the Department lost a challenge to its delay of the rule in federal court. The U.S. Department of Education on July 22, 2019, clarified that the 2016 State Authorization Rule, which applies to online […]
Click the link below to read the IFAP announcement: https://ifap.ed.gov/eannouncements/attachments/072219Compliance2016StateAuthRegQandAAttach.pdf
EducationDive By Hallie Busta Dive Brief: Private loans are a small but significant chunk of the student loan market and an option that continues to be limited to higher-income students, suggests data in a new report from LendEDU that examines 200,000 users of its platform from 2016 to 2019. Approved applicants’ income […]
EducationDive By Natalie Schwartz Dive Brief: Hackers breached the sensitive student data of 62 colleges, the U.S. Department of Education announced last week. Over the course of several days, attackers created thousands of fake student accounts, some of which “appear to be leveraged almost immediately for criminal activity,” the Ed Department said. […]
EducationDive By Hallie Busta Dive Brief: The 30-day comment period for the U.S. Department of Education’s proposed accreditation rules closed Friday, with around 200 new comments submitted and continued opposition over the pace at which the changes have been brought forward. Among the comments is a request from the National Student Legal Defense Network […]
Forbes.com By Richard Vedder Last Friday, U.S. Secretary of Education Betsy DeVos announced she was killing off gainful employment rules governing for-profit colleges. These Obama Administration era regulations deny federal student financial aid to individuals attending institutions considered not having enough attendees “gainfully employed” after attending school. On the face […]
EducationDive By Hallie Busta Dive Brief: Zovio’s long-sought conversion of its for-profit Ashford University to an independent nonprofit college, AU NFP, now has the approval of its accreditor, WASC Senior College and University Commission. The change, which was announced Monday and is expected to close during the third quarter, comes five months after the IRS signed […]
EducationDive By Shailaja Neelakantan Dive Brief: The U.S. House of Representatives passed an amendment last week to its version of the National Defense Authorization Act for the 2020 fiscal year that would require the U.S. Department of Defense to audit financially shaky for-profit colleges that enroll members of the military. It also […]
InsideHigherEd College’s IT system was attacked by hackers demanding $2 million in Bitcoin. Experts warn that other institutions are vulnerable to similar attacks. By Lindsay McKenzie A cyberattack disabled many of Monroe College’s technology systems and platforms last week. Students and faculty and staff members were locked out of the college’s website, […]
INsideHigherEd New research shows more student borrowing is connected to greater academic success — at least at community colleges — and indicates reduced borrowing could lead to higher loan defaults. By Andrew Kreighbaum The student debt crisis has become ubiquitous in headlines and even in the mouths of some lawmakers. New research, […]