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.
On September 27, 2023, the U.S. Department of Education published the final rule for financial value transparency and gainful employment, which restores an accountability and eligibility framework.
The Biden Administration has released the final version of its gainful employment rule, providing a tougher version of a rule introduced during the Obama administration.
The Biden administration announced a final rule Thursday that aims to protect borrowers from for-profit colleges and certificate programs that have poor outcomes and leave students with “unaffordable debt.” The administration said the final rule has two key elements: strengthening the gainful employment (GE) rule and creating a new Financial Value Transparency (FVT) framework. The…
On May 19, 2023, the U.S. Department of Education published its proposed “Financial Value Transparency and Gainful Employment” rule (the “GE Rule”). While this proposed rule covers a.