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 […]
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, […]
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 […]
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 […]
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 […]
Career Education Review ENCINO, Calif., May 6, 2019 — UEI College Encino campus has always gone above and beyond to help out their San Fernando Valley community. Throughout the month of April, over 65 UEI College Encino Campus staff, students, and their families participated in 5 community-based charity events including […]
Hechinger Report The last decade has seen widespread ‘degree inflation.’ But a growing movement of employers, workers and training groups offers a rebuke to a culture that exalts a bachelor’s as the gold standard for upward mobility by LAWRENCE LANAHAN BOSTON — Ryan Tillman-French sat at his seventh-floor desk early on […]
EducationDive By Ben Unglesbee Investors funneled billions of dollars into the sector during and after the recession, and they may be gearing up for another round. In 2006, a group of private equity firms that included Goldman Sachs acquired the for-profit college operator Education Management Corp. (EDMC) in a $3.4 billion leveraged buyout. […]
LAO The Legislative Analyst’s Office has just published the following report: Evaluation of Cal Grant C ProgramThe Cal Grant C program provides financial aid to students in career technical education (CTE) programs. Legislation enacted in 2011 and 2014 changed the rules for prioritizing among program applicants. The new rules give […]
WECT As one of my favorite columnists, Dave Barry, used to say, “I am not making this up!” Maybe what I am about to share isn’t as exciting to you as last week’s release of “Avengers: Endgame” or Sunday’s “Game of Thrones” episode, but I kid you not, we are […]