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Educational Institutions Student Loans Gainful Employment

Faegre Drinker Biddle & Reath LLP

ED Proposes Expansive “Financial Value Transparency and Gainful Employment” Regulations Affecting All Title IV-Participating...

On May 19, 2023, the U.S. Department of Education (ED) published a Notice of Proposed Rulemaking (the Proposed Rule) in the Federal Register that would substantially amend and expand the regulatory requirements to which all...more

Maynard Nexsen

U.S. Department of Education Issues Proposed Regulations

Maynard Nexsen on

Formal Package Addresses Gainful Employment and Financial Value Transparency, Financial Responsibility, Administrative Capability, Certification and Ability to Benefit...more

Ballard Spahr LLP

Department of Education releases proposed gainful employment rule for certificate and for-profit programs

Ballard Spahr LLP on

On May 17, 2023, the U.S. Department of Education (ED) released a Notice of Proposed Rulemaking intended to increase transparency regarding the costs and financial outcomes of postsecondary programs. The centerpiece of the...more

Faegre Drinker Biddle & Reath LLP

New Gainful Employment Program Disclosure Requirements Take Effect July 1, 2019

After earlier delays in implementation, the U.S. Department of Education (the Department) has instructed postsecondary education institutions that more extensive distribution requirements for Gainful Employment (GE) program...more

Ballard Spahr LLP

State AGs seek injunction against Dept. of Education postponement of the Borrower Defense Rule; DeVos continues “regulatory reset”...

Ballard Spahr LLP on

Eighteen states and the District of Columbia have filed suit against Secretary of Education Betsy DeVos seeking an injunction of the Department of Education’s indefinite postponement of the Obama Administration’s Borrower...more

Cooley LLP

Alert: Challenges to Gainful Employment Student Completer Lists Due July 28

Cooley LLP on

The US Department of Education has set the deadline for institutions to file corrections to their "student completer lists" as the next major step in ED's effort to publish the first set of rates under the Gainful Employment...more

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