The U.S. Department of Education (ED) finalized new regulations last year that will take effect on July 1, 2024, directly impacting mergers and acquisitions involving higher education institutions. Specifically, the...more
6/11/2024
/ Acquisitions ,
Colleges ,
Compliance ,
Controlling Person ,
Department of Education ,
Educational Institutions ,
Financial Responsibility Standards ,
Mergers ,
New Regulations ,
Personal Liability ,
Title IV ,
Universities
The U.S. Department of Education (Department) released an important update and reminder regarding new Financial Value Transparency (FVT) and Gainful Employment (GE) regulations that take effect on July 1, 2024. The...more
4/9/2024
/ Colleges ,
Compliance ,
Dear Colleague Letter ,
Department of Labor (DOL) ,
Disclosure Requirements ,
Effective Date ,
Financial Aid ,
Gainful Employment ,
New Guidance ,
New Regulations ,
Reporting Requirements ,
Title IV ,
Transparency ,
Universities
The University of Oregon Ducks have had a winning season on and off the football field: The team reached the Pac-12 Conference title game, and star players achieved among the highest name, image and likeness (NIL) valuations...more
12/19/2023
/ Big Ten Conference ,
College Athletes ,
Colleges ,
Compliance ,
Department of Education ,
Disparate Treatment ,
Equal Access ,
Equal Opportunities ,
Intellectual Property Protection ,
Name and Likeness ,
NCAA ,
Right of Publicity ,
Student Athletes ,
Title IX ,
Universities
The U.S. Department of Education (Department) issued final rules on Oct. 24, 2023, imposing new conditions that higher education institutions must satisfy to participate in federal student aid programs under Title IV of the...more
The U.S. Department of Education (Department) has identified college closures and institutional financial instability as creating significant costs for students and taxpayers. From 2013 to 2022, the Department sought more...more
The Biden-Harris Administration on Oct. 24, 2023, issued final rules detailing important obligations for higher education institutions that receive federal funding. (Codified at 34 C.F.R. ยง 668 et seq.) The final regulations...more
11/8/2023
/ Biden Administration ,
Colleges ,
Compliance ,
Compliance Dates ,
Department of Education ,
Financial Aid ,
Higher Education Act ,
New Regulations ,
Required Communications ,
Title IV ,
Transparency ,
Universities
The U.S. Department of Education (Department) issued new Gainful Employment (GE) regulations in September 2023 for the first time since 2014. These program-specific regulations impose important compliance obligations on...more
10/18/2023
/ Annual Reports ,
Code of Federal Regulations (CFR) ,
Colleges ,
Compliance ,
Department of Education ,
Financial Aid ,
For Profit Education ,
Gainful Employment ,
New Rules ,
Nonprofits ,
Reporting Requirements ,
Student Loans ,
Universities
As it promised in June, the Biden Administration published much-anticipated federal guidance on higher education admissions on Aug. 14, 2023. The U.S. Department of Education's Office for Civil Rights (ED) and U.S. Department...more
8/24/2023
/ Affirmative Action ,
Biden Administration ,
Civil Rights Act ,
College Admissions ,
Colleges ,
Dear Colleague Letter ,
Department of Education ,
Diversity ,
Educational Institutions ,
New Guidance ,
Students for Fair Admissions v Harvard College ,
Universities
The Federal Trade Commission (FTC) proposed a rule on Jan. 5, 2023, prohibiting non-competition clauses ("non-competes") in employment agreements. For purposes of the rule, non-compete provisions include explicit and de facto...more