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Negotiated Rule Making Around the Corner

 

Well it's that time again the Department of Education is gearing up for negotiated rule making and it will be interesting to see how it turns out.  A few items that we should expect to be placed on the table are gainful employment, military veterans and overall program integrity.  As we recall programs had to meet one of three benchmarks: At least 35 percent of graduates had to be repaying federal student loans, or have total loan debt of less than 30 percent of their discretionary income or 12 percent of their overall income. They would lose eligibility if they couldn’t meet any benchmark for three out of four years. The rule also applied to vocational and certificate programs at nonprofit and public colleges.

 

It is important that we as a sector stay plugged into the on-going process of the 15 member neg-reg panel and their progress. A great way to do stay apprised of the updates is through your state associations or your national association, APSCU at http://www.apscu.org/.

I could not agree more and we will need to ensure our companies practices will meet any of the new expectations to come out of this process.

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