CAPPS

On to the Next: Where a Closed Accreditor’s Schools Are Now

On to the Next: Where a Closed Accreditor’s Schools Are Now

Third Way  Chazz Robinson and Shelbe Klebs February 27, 2023 The Biden Administration and the US Department of Education (Department) have shown their desire to put accreditors in the hot seat and ensure they’re fulfilling their quality assurance mission. Recent actions the Department has taken include reinstating the accreditor dashboards, […]

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Texas For-Profit Colleges Fight New Borrower-Defense Rules

Texas For-Profit Colleges Fight New Borrower-Defense Rules

Inside Higher Ed Katherine Knott February 28, 2023 The Education Department’s latest version of the federal regulations that allow borrowers to apply for relief if their college or university misled them “threatens to irreparably harm the American education system,” a new lawsuit argues. Career Colleges & Schools of Texas, an […]

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What the Accreditation Naysayers Don’t Understand

What the Accreditation Naysayers Don’t Understand

Inside Higher Ed  Lawrence Schall February 27, 2023 If you want a higher ed reboot, you’re going to need the accreditors, Lawrence Schall writes. Most people don’t get accreditation. That’s OK. Most people don’t need to. But for all the students, parents and policy makers calling for a higher education […]

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Why Didn’t the Community College Students Come Back?

Why Didn’t the Community College Students Come Back?

New America  Rachel Fishman and Olivia Cheche February 22, 2023 As we near the third anniversary of nationwide pandemic closures, it’s hard to fathom how completely our lives have changed. We’ve settled into a new way of being—it’s not quite the “before times,” but also not the dark days when […]

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ED Revisits Third-Party Servicer and Incentive Compensation Guidance

ED Revisits Third-Party Servicer and Incentive Compensation Guidance

Cooley ED Nancy Anderson, Kate Lee Carey February 22, 2023 The Department of Education announced two initiatives that expand oversight of third-party providers to institutions of higher education that participate in federal financial aid programs. On February 15, ED announced two separate initiatives (one final and one proposed) that impact service providers […]

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ED issues significant third-party servicer guidance and launches review of Incentive Compensation Rule

ED issues significant third-party servicer guidance and launches review of Incentive Compensation Rule

Thompson Coburn LLC Christopher Murray, Scott Goldschmidt, Aaron Lacey February 22, 2023 Last week, the U.S. Department of Education made important announcements regarding oversight of “third-party servicers” and enforcement of its incentive compensation rule. In this post, we consider each of these announcements and their likely impact on the regulated community. Updated […]

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