Faegre Drinker Jonathan D. Tarnow and Sarah L. Pheasant January 12, 2024 At a Glance The final regulations are substantively consistent with earlier proposed regulations from ED, including definitions and thresholds for calculating debt-to-earnings (D/E) and earnings premium (EP) metrics. Unprecedented program-level data reporting, disclosures, and student acknowledgements will be […]
Inside Higher Ed Katherine Knott January 16, 2024 With higher education becoming more politicized, it’s poised to play a more prominent role than usual in this year’s presidential and congressional elections. The outcomes will carry huge policy implications. The fight for control of the White House and Congress in 2024 […]
FORVIS January 10. 2024 We offer tips for higher education institutions to help meet DoE reporting requirements. By this point, every administrator in higher education should know that the U.S. Department of Education (DoE) has imposed new regulations on institutions that are designed to protect students from unsustainable financial burdens associated with […]
JD Supra January 9, 2024 The Second Circuit Court of Appeals released a new decision in the NYLAG v. Cardona et al. case that may have implications for the everchanging legal and regulatory environment of Borrower Defense to Repayment (BDR) claims. Here are the key takeaways from this latest ruling: The decision […]
Federal Student Aid POSTED DATE: January 05, 2024 AUTHOR: Federal Student Aid ELECTRONIC ANNOUNCEMENT ID: GENERAL-24-01 SUBJECT: Federal Student Aid Handbook – 2024-25 Application and Verification Guide and 2023-2024 FSA Assessments We are pleased to announce the availability of the Application and Verification Guide of the 2024-2025 Federal Student Aid Handbook as well as […]
Business Insider Avelet Sheffey January 8, 2024 Congress is back to negotiating spending bills as a government shutdown looms. Funding for the labor and education bill will lapse on February 2 without an agreement on new spending. The GOP’s proposal for education funding would cut resources for student-loan borrowers. The […]
Community College Daily Alexis Gravely and David Baime January 8, 2024 Negotiators convene today for the first of three sessions held by the U.S. Education Department (ED) to develop new regulations on institutional quality and program integrity. Topics under consideration include accreditation, distance education, state authorization and “Return of Title […]
Inside Higher Ed Laura Spitalniak January 5, 2024 The American Association of Cosmetology Schools said the rule is based on a “flawed” debt-to-earnings ratio. Dive Brief: The U.S. Department of Education is being sued over its new gainful employment rule by a trade organization representing postsecondary beauty schools. The American Association of […]
Inside Higher Ed Katherine Knott January 5, 2024 The trade association representing cosmetology schools is suing the Biden administration to block its new gainful-employment rule from taking effect. The lawsuit from the American Association of Cosmetology Schools, filed Dec. 22 in the Northern District of Texas, argues that the rule would jeopardize the “very […]
Inside Higher Ed Katherine Knott January 5, 2024 The Education Department wants to ensure that accreditors and states are doing their part to hold colleges accountable. The Education Department wants greater oversight over colleges and universities and the entities that oversee them, and it’s eyeing a number of ways to […]