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ED’s Gainful Employment Rule Will Stifle Innovation, Increase College Costs

Committee on Education & The Workforce June 20, 2023 WASHINGTON – Today, Education and the Workforce Committee Chairwoman Virginia Foxx (R-NC) and Higher Education and Workforce Development Subcommittee Chairman Burgess Owens (R-UT) sent a letter to Education Secretary Miguel Cardona calling for the Department to abandon its proposed Gainful Employment rule, a sweeping regulatory package that imposes burdensome […]

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Over 14 million student-loan borrowers will resume payments this year under new companies — and that’ll further ‘complicate’ the repayment process, a federal consumer watchdog says

Insider  Ayelet Sheffey June 16, 2023 The student-loan payment resumption is on the horizon — and a consumer watchdog isn’t sure the process will be as seamless as the Education Department wants. Last week, the Consumer Financial Protection Bureau released a report on the impact the payment resumption will have on borrowers this fall. Payments have been on pause […]

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Education Advisory: New Regulations Proposed by the Department of Education Will Impact Proprietary and Nonproprietary Schools Alike

Alston & Bird June 16. 2023 Executive Summary Our Education Team delves into new proposed regulations that would bring a substantial change to the way Title IV is administered. New gainful employment regulations are more complex than Obama-era versions New administrative capability regulations require expanded financial aid and career counseling services for proprietary and nonproprietary […]

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