A Busy Week for the Gainful Employment Rule
Jonathon Glass, Kate Lee Carey and Alyssa Saunders
The Department of Education continues to take steps to implement certain aspects of the current GE Rule that may lead it to publish a second set of GE Rates, while also arguing in court that it has acted properly in delaying certain other requirements.
Cooley Team at ASU GSV Summit 2018
Erik Edwards, Jay Vaughan, Mike Goldstein, Ray LaSoya, Brian Burke, Kate Lee Carey and Matt Johnson
The 2018 ASU GSV Summit starts Monday, April 16 in San Diego, CA. The ASU GSV Summit is THE conference for edtech companies and investors. The Cooley team is ready to go and we hope to see you there!
ACICS Recognition Reinstated
Jay Vaughan and Naomi Harralson May
Secretary Betsy DeVos announced earlier today that the US Department of Education has retroactively reinstated the federal recognition of the Accrediting Council for Independent Colleges and Schools as of December 12, 2016, and the accreditor will remain in that status until she can reconsider its prior request for re-recognition.
Cooley Team at P3-EDU
Jay Vaughan and Mike Goldstein
The P3-EDU Conference is April 3-4, 2018 in Arlington, Virginia. The conference is focused on best practices around public-private partnerships in higher education. Members of the Cooley team will be speaking and attending the conference.
Is a Kinder, Gentler Gainful Employment Reg in the Works While ED Announces Steps to Publish New Rates?
Jonathon Glass and Kate Lee Carey
Keeping up with the GE Rule has been a full time job in recent months, including new Department of Education actions to prepare a second set of GE rates, negotiated rulemaking to write a new rule, a lawsuit against the department for not implementing the current rule and proposed legislation in Congress.
Purdue Unbound: The Road Ahead for Conversions and Shared Services Transactions
This week the Higher Learning Commission gave final approval to the Kaplan-Purdue transaction. In this post, we discuss the changes in the regulatory environment and at the accreditor level that led to HLC’s approval of the deal and potential for similar partnerships in the future.
Department of Education Defends Its Actions in GE Rule Lawsuit
Nancy Anderson, Jonathon Glass and Kate Lee Carey
The debate over the current and future Gainful Employment Rule continues in all three branches of the federal government.
Another New Gainful Employment Disclosure Template, With Some Unexpected Changes
Jonathon Glass and Kate Lee Carey
The Department of Education announces changes to the Gainful Employment Disclosure Template. In its Electronic Announcement, ED set April 6, 2018 as the new deadline for covered institutions to update and publish the 2018 version of the GE Disclosure Template.
New Year’s Resolution for Edtech Companies: Get Ready for GDPR
Sarah Pearce, Randy Sabett, Diane Savage and Matt Johnson
January marked the start of the five-month countdown to the European Union’s new General Data Protection Regulation. This post outlines a five-month plan to help your organization be GDPR-ready.
Another Disclosure Requirement for California Higher Education Institutions Signals an Accelerating State Role in Student Disclosure
Kate Lee Carey and Mike Goldstein
Beginning with the 2018-19 academic year, all higher education institutions in California, except the California Community College system, will have to provide their students an annual summary of their total borrowing to pursue their education and an estimate of their future monthly payments.
The State Authorization Rule Still Lives – Be Ready
The Department’s state authorization for distance education rule is slated to go into effect July 1, 2018. Institutions should start preparing now.
Reauthorizing the Higher Education Act: After 60 Years, Looking at What Still Works – Or Not
Vince Sampson and Mike Goldstein
Congress is poised to give the HEA a much-needed update. The House of Representatives have introduced legislation and discussions are picking up in the Senate, but questions remain as to the scope and timing for completing action.