Higher Ed Dive Jeremy Bauer-Wolf October 24, 2023 The regulatory package broadens the circumstances in which financially shaky colleges must offer letters of credit, among other consumer protections. The U.S. Department of Education debuted a sweeping regulatory package Tuesday fortifying federal oversight of financially unstable colleges, including by broadening the circumstances […]
NASFAA Hugh T. Ferguson October 25, 2023 The Department of Education (ED) on Tuesday released final rules on a number of topics that the department says will “raise the bar” on institutional accountability and better protect students and taxpayers. The rules released Tuesday are the remaining accountability topics considered during the Institutional and […]
Committee on Education & Workforce October 24, 2023 WASHINGTON – House Education and the Workforce Committee Chairwoman Virginia Foxx (R-NC) issued the following statement on the Department of Education’s issuance of a tranche of new regulations without extending due deference to Congress’ jurisdiction and oversight authorities: “Adopting a ‘go it alone’ strategy […]
Inside Higher Ed Katherine Knott October 24, 2023 The Education Department is working to clear a backlog in applications for debt relief through its borrower-defense program. Colleges aren’t sure how to respond to notifications of the claims. Colleges and universities beyond the for-profit sector are seeing a rise in the […]
Committee on Education & The Workforce October 20, 2023 WASHINGTON – House Education and the Workforce Committee Chairwoman Virginia Foxx (R-NC) sent a letter to Acting Labor Secretary Julie Su requesting that the Department of Labor extend its comment period on a proposed overtime rule that will negatively impact workers, students, small business […]
The Hill Filip Timotija October 19, 2023 Rep. Andrew Garbarino (R-N.Y.) said during a Thursday morning event that labor shortages within the cyber sector present the biggest long-term threat to U.S. cybersecurity. “Workforce — in five years, if we don’t fix this workforce problem, that is probably the biggest threat that we […]
The Daily Signal Adam Kissel October 19, 2023 Online learning has revolutionized higher education, but a recent move by the federal Department of Education is threatening to tear down systems that are helping millions of students learn. An extremely wide diversity of students choose to take online courses or to get […]
Inside Higher Ed Jessica Blake October 19, 2023 Eight California community colleges are developing programs to help adult learners earn degrees faster and more efficiently. Before community colleges became training grounds for people wanting to work in trade jobs or as technicians in specialized fields that didn’t require four-year degrees, […]
Holland & Knight Paul G. Lannon and Maddie Fenton October 17, 2023 Highlights The U.S. Department of Education (Department) issued new Gainful Employment (GE) regulations last month for the first time since 2014. These program-specific regulations impose important compliance obligations on for-profit and not-for-profit institutions of higher education. Financial Value […]
Best Stocks Elaine Mendonca October 17, 2023 On October 17, 2023, a tweet surfaced from Citron Research, expressing criticism towards $LOPE, a for-profit education provider. The tweet specifically targeted the company’s anti-government rhetoric and management posturing, highlighting their stance in light of the recently enacted Gainful Employment Act. This act, introduced […]