(By accessing, browsing or using the pages below, you agree to the Blog Conditions of Use/Disclaimer available under "Links.")
On June 28, 2017, the D.C. District Court issued its opinion and order in the matter of the American Association of Cosmetology Schools v. the U.S. Department of Education. AACS challenged the Department’s Gainful Employment metrics as they specifically related to its member cosmetology schools. READ MORE
The new rules, which become effective July 1, 2015, include reporting, disclosure, and certification requirements, as well as new debt-to-earnings metrics designed to assess whether a program offers a reasonable return on investment. READ MORE
The desk guide comes on the heels of the introduction of our webinar series on gainful employment rules. READ MORE
Because this SSA data is not (and presumably will not be) made available to the public, for each GE Program, you will have to develop a proxy for the SSA earnings information. READ MORE
It’s not possible to project with absolute certainty whether a GE program will produce satisfactory rates. With a few educated assumptions, however, institutions should be able to project which programs will pass easily, which will be close, and which will likely fail. READ MORE
While the GE regulatory framework includes reporting, disclosure, and certification requirements, it most prominently features two metrics, each ultimately intended to assess whether a program offers a reasonable return on investment: (1) the Annual Earnings Rate, and (2) the Discretionary Income Rate. READ MORE
NOTICE.
Although we would like to hear from you, we cannot represent you until we know that
doing so will not create a conflict of interest. Also, we cannot treat unsolicited
information as confidential. Accordingly, please do not send us any information
about any matter that may involve you until you receive a written statement from
us that we represent you (an ‘engagement letter’).
By clicking the ‘ACCEPT’ button, you agree that we may review any information you transmit to us. You recognize that our review of your information, even if you submitted it in a good faith effort to retain us, and, further, even if you consider it confidential, does not preclude us from representing another client directly adverse to you, even in a matter where that information could and will be used against you. Please click the ‘ACCEPT’ button if you understand and accept the foregoing statement and wish to proceed.
