Higher Ed Dive Natalie Schwartz December 21, 2022 The list puts into practice congressional changes limiting revenue for-profit colleges can draw from federal education funds — including military aid. The U.S. Department of Education released a list this week of federal education assistance funds that for-profit colleges will have to track and limit to retain […]
Read MoreHigher Ed Dive Natalie Schwartz December 19, 2022 A recent federal court ruling and coming regulations could deter some for-profit colleges from attempting to become nonprofits under complex deals. Earlier this month, Grand Canyon University, a Christian institution headquartered in Arizona with a large online footprint, lost a legal battle it was waging against the […]
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Inside Higher Ed Katherine Knott December 19, 2022 The U.S. Education Department is updating the list of federal education assistance funds that proprietary institutions have to include in their calculations of federal revenue. By law, for-profit colleges and universities have to bring in 10 percent of their revenue from non-federal sources. Initially, federal money from […]
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Urban Institute Jason Delisle and Jason Cohn December 2022 When the Obama administration implemented the first gainful employment (GE) rule in 2014 to protect students from education credentials that lead to unaffordable debts, virtually all programs at public institutions passed the test.1 Although the underlying GE law applies to certificate programs offered at both public […]
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