Earlier this month, the US Department of Education (ED or the Department) announced a number of changes to the so-called “cash management” regulations that govern institutional arrangements with financial account providers and will take effect on July 1, 2016.
The US Department of Education (ED) is preparing for a new rulemaking that is intended to clarify—and very likely expand—the ability of student borrowers to be relieved of the obligation to repay their Federal Direct Loans.
Reacting to ongoing concerns and complaints expressed by members of Congress and others, the accrediting community has been very busy introducing new policies and procedures and refining their respective processes in preparation for the looming reauthorization of the Higher Education Act.
Accreditors have been seen as obstacles to innovation in higher education. In April we issued a Cooley Alert on new WASC guidelines for disaggregating institutional services. Now WASC and DEAC have issued separate policies that appear intended to make it easier for new institutions to come into existence and for the validation of courses provided by unaccredited entities.
The WASC Senior College and University Commission (WSCUC or the Commission) has issued a revision of its policy on agreements between accredited institutions and unaccredited entities, such as service providers.