Higher ed groups ask for delayed gainful employment, financial value transparency deadline
Natalie Schwartz
December 16, 2024
Most surveyed college leaders said they’re unsure if they will meet the Jan. 15 reporting deadline for the new regulations.
Fifty higher education groups on Friday urged the U.S. Department of Education to further delay the reporting deadline for the new gainful employment and financial value transparency regulations.
Colleges have until Jan. 15 to meet the reporting deadline for the new regulations, a date the Education Department has already moved back twice after releasing rules last year.
The gainful employment rule requires career training programs to prove their graduates earn enough to pay off their federal loans and meet certain earnings thresholds — or else risk losing access to Title IV federal financial aid.
