Inflation rate of 2.6% expected for colleges in 2019
Education Dive By Hallie Busta Dive Brief: U.S. colleges can expect their costs to rise by 2.6% in the 2019 fiscal year, according to data from the Commonfund Institute, which intends to help higher ed institutions project their budget increases. The preliminary Higher Education Price Index (HEPI) for 2019, which measures inflation in […]
Over 400 Public and Nonprofit Colleges Would Fail the 90/10 Rule
CECU Analysis by NDP Analytics reveals that more than 400 public and private nonprofit colleges and universities would fail the 90/10 rule. The research, commissioned by Career Education Colleges and Universities (CECU), uses an expanded 90/10 formula provided in a recent report published under the Brookings Institution. The expanded 90/10 rule includes […]
New Income-Share Fund for San Diego County
Inside Higher Ed By Paul Fain The University of California, San Diego, Extension and the San Diego Workforce Partnership today announced the creation of an income-share agreement fund aimed at helping unemployed and underemployed people in San Diego County finance postsecondary training in high-demand fields, including business intelligence and digital marketing. Through the new […]
Nursing shortage grows — and state isn’t helping any
Capitol Weekly BY JAN JONES-SCHENK There’s a severe shortage of registered nurses in California, and it’s getting worse. Experts predict the state could be short nearly 200,000 nurses by 2030, with rural areas among the most vulnerable to the deficit. Yet, despite this growing crisis, the state has imposed enrollment restrictions that are […]
The Resurrection of the Obama-Era Borrower Defense to Repayment Rule
Career Education Review By Katherine Lee Carey, Special Counsel with the Education Regulatory Practice Group, Cooley LLP A bit of history Some of us are old enough to remember when the saga of the Borrower Defense to Repayment (BDR) regulations began … all the way back in 2015. Corinthian Colleges […]
Colleges and universities must now report all litigation to the U.S. Department of Education
Thompson Coburn, LLC By Aaron Lacey On March 15, 2019, the U.S. Department of Education released much anticipated guidance (the 2019 Guidance) detailing how the agency would go about implementing the 2016 version of its complex and controversial “borrower defense” rule (the 2016 Rule). As indicated in the Department’s announcement, […]
California Mulls Crackdown on Online Partnerships
InsideHigherEd Bills targeting for-profit institutions in California would prohibit tuition-sharing deals — a sign of growing political scrutiny of the role of online program management companies. By Lindsay McKenzie State lawmakers in California have proposed seven interrelated bills that would tighten regulation of for-profit and private colleges. The goal of the legislative […]
Deadline Draws Near for Compliance with U.S. Department of Education’s 2016 Borrower Defense to Repayment (BDR) Rule
DuaneMorris May 8, 2019 Institutions have ongoing reporting obligations to report triggering events, many of which must be reported within 10 days of occurrence. This is the third in our series of Alerts focused on the U.S. Department of Education’s 2016 Borrower Defense to Repayment (BDR) Rule, promulgated by the Obama […]
It’s Time Colleges Stopped Feeling Shame About Mergers
Chronicle.com By Goldie Blumenstyk Merger: Not a dirty word. College mergers aren’t necessarily a sign of something bad. They shouldn’t be seen as just a last-ditch gambit by a college on the brink. In fact, mergers are a tactic that any number of successful colleges should probably think about right […]