Forbes Last Friday, U.S. Secretary of Education Betsy DeVos announced she was killing off gainful employment rules governing for-profit colleges. These Obama Administration era regulations deny federal student financial aid to individuals attending institutions considered not having enough attendees “gainfully employed” after attending school. On the face of it, this […]
Mercury News By Danielle Douglas-Gabriel | The Washington Post A federal appeals court ruling Thursday could stymie the Education Department’s efforts to shield from state regulation companies that manage the department’s $1.5 trillion portfolio of student loans. The 24-page opinion from the U.S. Court of Appeals for the 7th Circuit […]
Mercury News Three San Bernardino County women were arrested Thursday, June 27, and accused of stealing more than $1 million in federal student financial aid through Fullerton College in a scheme in which authorities say they enrolled hundreds of mostly non-existent students, successfully applied for grants and loans and then […]
James G. Martin Center By Michael Debow The federal government currently holds around $1.5 trillion in outstanding student loans—up from “only” $500 million in 2007. Undoubtedly, the federal government—and taxpayers—have an enormous stake in higher education and bureaucrats in the Department of Education see their role as protecting the system […]
Houma Today By Kenneth Mejia / Guest Columnist Posted Jun 27, 2019 at 7:18 AM After nine years of service in the Louisiana Army National Guard – the first six in the infantry and the last three as a medic – I found myself working as a salesman for a security company not able to […]
Education Dive. The University of Utah wanted to raise graduation rates but was coming up short. The usual tactics — such as better analytics and academic advising — weren’t cutting it. That’s because the problem wasn’t students’ academic abilities. It was money. Talking with students, university officials found many took longer […]
Powers Law Gainful Employment Rule Rescission – ED’s Instructions for Immediate Implementation JULY 1, 2019 On Monday, July 1, 2019, the U.S. Department of Education (“ED”) formally published a final rule rescinding the Obama-era regulations known as the Gainful Employment rule. Institutions have the option to implement these changes immediately—including cessation of […]
NBC Los Angeles By Vanessa Arredondo To compete with for-profit schools, the California Community Colleges system has created an institution of higher education that will focus on providing students between the ages of 25 and 34 who may be putting education on hold due to adult responsibilities, digital vocational training on […]
SF Chronicle By Alexei Koseff SACRAMENTO — A push to tighten regulations on for-profit colleges in California suffered a blow Monday when a state Senate committee gutted the key bill in a legislative package. Democratic lawmakers, led by San Francisco Assemblyman David Chiu, had proposed financial protections for students similar to an […]
Thompson Coburn LLP. On July 1, 2019, the U.S. Department of Education published in the Federal Register a new Gainful Employment (GE) rule (the “2019 GE Rule”). If your institution is (1) a proprietary school, or (2) a public or private nonprofit institution that offers non-degree programs that are Title IV […]