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REGucation

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Gainful Employment and the AACS court decision: What it means for schools

Katie Wendel Aaron Lacey June 30, 2017
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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

Reporting gainful employment data to DOE: Time to get started

Aaron Lacey February 16, 2015
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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

New desk guide: How to project gainful employment rates

Aaron Lacey December 16, 2014
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The desk guide comes on the heels of the introduction of our webinar series on gainful employment rules. READ MORE

How to project gainful employment rates – Part 5

Aaron Lacey December 9, 2014
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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

How to project gainful employment rates – Part 2

Aaron Lacey November 24, 2014
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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

How to project gainful employment rates - Part 1

Aaron Lacey November 19, 2014
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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