Gainful Employment

News & Analysis as of

Gainful Employment Rule and Student Loan Debt Counseling: A Perfect Match?

New regulations that will impose severe requirements on for-profit colleges and career training programs may open the door to an increased need for independent third-party student loan debt counseling. On March 14, 2014, the...more

Very Few Changes Between Draft Gainful Employment Rule And One Published In The NPRM

As we reported yesterday, the Department of Education (Department) released the Notice of Proposed Rule Making (NPRM) for the gainful employment rule this morning. The NPRM is long – 841 pages in the pre-publication format. ...more

Department of Education Sends Proposed Gainful Employment Rule to the Office of Management and Budget

As reported on the website for the Office of Management and Budget (OMB), on January 30, the Department of Education (Department) sent its version of the gainful employment (GE) rule to OMB (specifically, the Office of...more

Capital Thinking: Education

Legislative Activity - Budget Deal - In a budget deal reached last week, conferees raised approximately $5 billion in savings from two provisions affecting federal student loan programs: - The agreement would...more

Final Gainful Employment Rulemaking Session Scheduled for Friday, December 13

Politico’s Libby Nelson, in yesterday’s “Morning Education” email (and in a tweet on Black Friday) reports that the U.S. Department of Education “has scheduled its third session of negotiated rule-making on the ‘gainful...more

Capital Thinking: Education

Legislative Activity - Legislation to Help Homeless Students - Senators Patty Murray (D-WA), Tammy Baldwin (D-WI), and Mary Landrieu (D-LA) plan to introduce legislation that will assist homeless students that...more

Some Thoughts on the Latest Round of Gainful Employment Negotiatied Rulemaking Part 2

Something that seems clear after two rounds of negotiated rulemaking is the lack of trust those aligned with consumer advocates have for proprietary schools. As I recall, one negotiator suggested they needed to think...more

Some Thoughts on the Latest Round of Gainful Employment Negotiatied Rulemaking Part 1

I will apologize upfront for the length of this post. Or that there will be multiple posts on this. There’s just a lot to say after this latest session of gainful employment negotiated rulemaking. For those of you...more

Some Thoughts on the Gainful Employment Negotiated Rulemaking Session – Part 1

I attended the negotiated rulemaking sessions hosted by the U.S. Department of Education to discuss the Department’s proposed “gainful employment” rule. As we reported previously, these sessions are a second attempt at...more

Law Prof: Law Schools Still 'Inaccurate' On Employment Numbers  [Video]

Aug. 29 (Bloomberg Law ) -- Ben Trachtenberg, associate professor at the University of Missouri School of Law, talks with Bloomberg Law's Lee Pacchia about how a recent set of disciplinary actions against law school...more

Deadline Approaches for Gainful Employment Disclosures

Institutions of higher education that receive Title IV funding must properly disclose certain information concerning course offerings that are or may be considered gainful employment programs by the U.S. Department of...more

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