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Deep Dive: ED Releases Unofficial Final Rule on Gainful Employment and Financial Value Transparency Framework

NASFAA Jill Desjean October 6, 2023 Last week, the Department of Education (ED) released its unofficial final rule on Gainful Employment (GE) and its new Financial Value Transparency framework, which it plans to officially release in the Federal Register on October 10, 2023. The rule represents ED’s fourth effort, over more than a decade, to establish gainful employment standards, and ED’s […]

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NASFAA Members Increasingly Concerned About Rise in Borrower Defense Claims

NASFAA October 4, 2023 Since this Summer, NASFAA has heard from an increasing number of members that their institutions have received a growing number of borrower defense claim notifications, leading to significant confusion as to how schools should handle these filings due to the rollout of regulatory updates, ongoing legal challenges, and a lack of […]

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A Degree Without Classes & Lectures? California Community Colleges Try New Approach

The 74 Adam Echelman September 22, 2023 A revolution is in the making at California’s community colleges: No more grades, no more sitting through lectures or seminars, no more deadlines. In a pilot program taking shape across eight of the state’s community colleges, the only requirement for some associate degrees will be “competency.” Students who […]

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