RobertKelchen.com. One of the many issues currently derailing bipartisan agreement on federal Higher Education Act reauthorization is how to treat for-profit colleges. Democrats and their ideologically-aligned interest groups, such as Elizabeth Warren and the American Federation of Teachers, have called on Congress to cut off all federal funds to for-profit […]
Inside Higher Ed. It’s not every day that colleges and universities and their adjuncts wholeheartedly agree on something. But legislation in California regarding the exempt status of adjunct workers has the backing of both the Association of Independent California Colleges and Universities and the Service Employees International Union. If successful, […]
Inside Higher Ed. A package of seven interrelated bills proposing tighter regulation of for-profit and private colleges in California moved closer to becoming law this week — but not fully intact. One of the bills, a proposal to create the nation’s first state-level gainful-employment rule, was watered down to require […]
Education Dive. Regulatory pressure, sliding enrollment and demand for education online continue to characterize the market in which for-profit colleges operate. And their latest financial quarter offers more insight into how they are doing so. For instance, with banks wary of loaning to for-profit colleges, National American University Holdings (NAUH) […]
Inside Higher Ed By Andrew Kreighbaum Education Secretary Betsy DeVos on Friday issued the final repeal of regulations crafted by the Obama administration to hold low-quality career education programs accountable. The rule, known as gainful employment, was heavily criticized by the for-profit college sector and Republicans in Congress. In the first gainful-employment […]
IFAP.ED.GOV Posted Date: June 28, 2019 Author: Office of Postsecondary Education Subject: Gainful Employment Electronic Announcement #122 – Early Implementation of the Rescission of the Gainful Employment Rule On July 1, 2019, the Department of Education will publish a final rule rescinding the Department’s gainful employment (GE) regulations (2014 Rule) […]
Forbes 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 of it, this […]
Mercury News By Danielle Douglas-Gabriel | The Washington Post A federal appeals court ruling Thursday could stymie the Education Department’s efforts to shield from state regulation companies that manage the department’s $1.5 trillion portfolio of student loans. The 24-page opinion from the U.S. Court of Appeals for the 7th Circuit […]
Mercury News Three San Bernardino County women were arrested Thursday, June 27, and accused of stealing more than $1 million in federal student financial aid through Fullerton College in a scheme in which authorities say they enrolled hundreds of mostly non-existent students, successfully applied for grants and loans and then […]
James G. Martin Center By Michael Debow The federal government currently holds around $1.5 trillion in outstanding student loans—up from “only” $500 million in 2007. Undoubtedly, the federal government—and taxpayers—have an enormous stake in higher education and bureaucrats in the Department of Education see their role as protecting the system […]