In this, the first in a series of client alerts that will explain the workings of the new Borrower Defense to Repayment Rule (BDTR), we explore what promises to be a series of rules, procedures and interpretations to be...more
After several rounds of public comment and revisions, the Bureau for Private Postsecondary Education ("BPPE" or "Bureau") has issued final regulations significantly expanding the data reporting and disclosure requirements...more
The US Department of Education has set the deadline for institutions to file corrections to their "student completer lists" as the next major step in ED's effort to publish the first set of rates under the Gainful Employment...more
While the Negotiated Rulemaking has concluded, the issues embedded in the Borrower Defense to Repayment regulation (BDTR Rule) remain under active discussion within the US Department of Education and promise to change the...more
The US Department of Education just announced its intent to issue the first set of official Debt to Earnings Rates ("D/E Rates") under the Gainful Employment Rule ("GE Rule") in January 2017. That timing would be consistent...more
Governor Jerry Brown has now signed into law Senate Bill 81, which included language amending the California Private Postsecondary Education Act of 2009 (the "Act") to permit "independent institutions of higher education"...more
7/10/2015
/ Accreditation ,
Commerce Clause ,
Complaint Procedures ,
Department of Education ,
Educational Institutions ,
Exempt Organizations ,
Financial Aid ,
Governor Brown ,
Jerry Brown ,
Nonprofits ,
Students ,
Title IV
The US Department of Education ("ED" or "the Department") has decided against an earlier plan to send letters to every institution believed to be out-of-compliance (or rather, located in a state that is considered...more
6/11/2015
/ Colleges ,
Complaint Procedures ,
Department of Education ,
Distance Learning ,
Educational Institutions ,
Exemptions ,
Federal Student Aid ,
Financial Aid ,
Nonprofits ,
Private Schools ,
Proposed Regulation ,
Students ,
Title IV ,
Universities