MarketWatch. More than 18,000 students who attended a now-defunct for-profit college will have $168 million in private loan debt discharged. The loan cancellation is part of a proposed deal between the Consumer Financial Protection Bureau, attorneys general of 43 states and the District of Columbia and Student CU Connect (or […]
The Chronicle of Higher Education. To the Editor: Your article, “The Business Case for Enrolling Military Veterans” (The Chronicle, June 4), peddled the same old arguments about taxpaying schools (read for-profit colleges for those that enjoy demonizing the sector). You blamed “aggressive recruiting” for high veteran attendance at taxpaying colleges […]
Career Education Review CHULA VISTA, Calif., June 12, 2019 — UEI College, a national provider of postsecondary career education, will celebrate the move of the Chula Vista campus to its new location at 1261 3rd Avenue, Suite A. The Grand Opening celebration will take place from 12:00 p.m. to 2:00 p.m. on […]
Inside Higher Ed Betsy DeVos issued a proposal Tuesday to loosen federal standards for college accreditors, arguing that the changes would spur innovation. The education secretary wants to allow colleges to expedite plans to outsource programs and to add new degree offerings or branch campuses without getting an accreditor’s approval. The changes […]
IFAP Posted Date: June 7, 2019 Author: Federal Student Aid Subject: Gainful Employment Electronic Announcement #121 – Additional Guidance on Completing the 2019 GE Disclosure Template The purpose of this Electronic Announcement is to provide answers to some common questions regarding the 2019 Gainful Employment Disclosure Template (GEDT). Students to […]
NYTIMES By Erica L. Green WASHINGTON — Depending on whom you ask, Diane Auer Jones has returned to the Education Department with either a mission or a vengeance. A little more than a decade ago she resigned as an assistant secretary for postsecondary education in the George W. Bush administration, after […]
Lexology HIGHLIGHTS: Recently released guidance from the U.S. Department of Education’s Office of Federal Student Aid (FSA) confirms that both private and public institutions of higher education must report litigation, settlements and other specified liabilities. The new guidance – which addresses the notice requirements in the provision of the federal […]
Powers Law Beginning July 1, 2019, institutions will need to directly distribute Gainful Employment disclosures to prospective students before they enroll, and include the disclosures or links thereto in their GE program promotional materials. Compliance will be required at least until the Department of Education’s pending changes to the GE […]
Inside Higher Ed By Doug Lederman June 6, 2019 The news release from the U.S. Department of Justice seemed relatively straightforward: the federal government and Oral Roberts University had reached a $303,000 settlement to resolve charges that the Oklahoma university had violated federal rules barring the use of incentive-based compensation. But like the […]
Ed.Cooley.com Despite hopes that the US Department of Education might delay the expanded Gainful Employment disclosure requirements as it has done for the two past years, ED announced recently that covered institutions must meet these new requirements as of July 1. The directive covers all proprietary institutions and every public and non-profit […]