Duane Morris August 22, 2023 On August 16, 2023, the U.S. Department of Education sent the gainful employment and financial value transparency rule package to the Office of Information and Regulatory Affairs (OIRA) in the Office of Management and Budget. The proposed rules broadly apply to all eligible programs and […]
Inside Higher Ed Katherine Knott August 21, 2023 At a time when mergers might help more institutions survive, new rules from the Education Department—aimed at protecting students and taxpayers—might result in more college closures instead. The latest academic year saw the start of what industry experts expect to be an […]
Atlanta Business Chronicle James Ritchie August 22, 2023 As artificial intelligence tools such as ChatGPT hit the mainstream earlier this year, challenges arose in the education field. One dominant concern about the technology, which can answer questions and generate text responses almost instantaneously, was that it could be used to […]
The Motley Fool Matthew Frankel August 22, 2023 KEY POINTS The Biden Administration is forgiving $39 billion in federal student loan debt for an estimated 804,000 borrowers. This is the result of an effort to fix past mistakes in the income-driven repayment-plan system. The $39 billion is mainly going to […]
Ed Source Thomas Peele August 17, 2023 The FBI arrested a number of Bay Area police officers in raids Thursday morning as part of a corruption investigation that began when the officers were allegedly found to be cheating on college tests to obtain degrees that guaranteed them pay raises, the East […]
The James G. Martin Center for Academic Renewal Andrew Gillen August 18, 2023 Funding-eligibility tests can do real good if used universally, not selectively. The Biden administration will soon implement a set of regulations that are commonly known as “Gainful Employment.” These regulations would restrict some college programs’ eligibility to […]
Office of Information and Regulatory Affairs August 16, 2023 RIN: 1840-AD57 View EO 12866 Meetings Request EO Meeting Received Date: 08/16/2023 Title: Gainful Employment Agency/Subagency: ED / OPE Stage: Final Rule Legal Deadline: None Section 3(f)(1) Significant: No International Impacts: No Affordable Care Act [Pub. L. 111-148 & 111-152]: No Pandemic Response: No Dodd-Frank Wall Street Reform and Consumer Protection Act, [Pub. L. […]
Reason Emma Camp August 10, 2023 The injunction is the latest in a series of setbacks for the Biden administration’s loan forgiveness agenda. A federal court has blocked Biden administration rules that would have provided almost $20 billion in student loan forgiveness, primarily to students who attended colleges that defrauded […]
UB University Business Alcino Donadel August 9, 2023 Four out of 10 students from your graduating class will be fighting an uphill battle in the employment search as their next interviewer might already be convinced that they’re unfit for the job—and they’re putting the blame on educators, according to a new […]
NASFAA Jill Desjean August 10, 2023 On Friday, the Department of Education (ED) released implementation guidance and an updated FAQ document for the FAFSA simplification provisions that become effective in the 2024-25 award year. While the guidance largely repeats provisions of the law itself, it offers some operational details and clarifies some areas. It also details […]