1-5 of 5 results

  • Newspaper

    What the ‘reset’ on 2 major consumer rules means for colleges

    USA

    Press

    Adam Harris - The chronicle of higher education

    Immediately after the President was elected, borrower advocates and lawmakers expressed concern about what would happen to the current regulations aimed at holding for-profit colleges accountable. On Tuesday, their concerns were validated. The Education Department announced that it would delay and renegotiate two of the previous administration’s signature regulations: the first aims to penalize programs whose graduates’ loan payments exceed a set percentage of their earnings, while the second simplifies the process for borrowers who say they have been defrauded by their colleges.

  • Newspaper

    Education Department seeks to ease rules on student aid

    USA

    Press

    Anne Marie Borrego, Stephen Burd and Dan Carnevalle - Chronicle of Higher Education

    The U.S. Education Department last week proposed new rules that would loosen a ban on incentive compensation for college recruiters and get rid of a financial-aid regulation. The proposal to eliminate the 12-hour rule follows years of debate. Distance-education providers have pushed the department and Congress to throw out the regulation, but others have cited fears that relaxing the rule would lead to fraud.

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