Profitable employment, other regulatory factors pushing towards spring

The Biden administration is postponing a final proposal on lucrative employment and several other regulatory issues until next spring.

The Office of Information and Regulatory Affairs has released an update to a number of discussed rule-making agenda items that will not expire this year and are now slated for release in April 2023. These include a new profit-employment rule, a measure of financial responsibility for colleges, standards of administrative capacity, certification procedures, and the ability to obtain benefits.

Additional regulations on profitable education have been at the center of discussions since January. Profitable-employment rules, which many consumer advocates have been calling for replacement by the Biden administration, will create a metric that compares the student’s earnings compared to their earnings after graduating from a program to determine a program’s eligibility for federal. Funding

The for-profit industry was concerned that the profit-employment proposal was accelerated and that the accountability metrics would only apply to public and non-profit universities, typically community colleges for profit and non-degree programs.

“It is not conducive to any public policy to rush into an arbitrary deadline. We hope that with this extra time the department will reconsider their basic approach to this accountability structure, ”said Nicholas Kent, Chief Policy Officer at Career Education Colleges and Universities, which represents a for-profit organization.

David Byam, senior vice president of public relations at the American Association of Community Colleges, did not elaborate on the companies’ position on lucrative employment, but said that “given the complexity of the issue and the need for a master calendar, we are not particularly surprised.” Is doing. “

In response to the delay, consumer protection lawyers are concerned about the lack of enforcement mechanisms in for-profit organizations in the interim.

“The Biden administration has adopted an ambitious regulatory agenda and I think it is profitable. [employment] At the heart of it all, ”said Amy Latinen, a senior leftist think tank and senior director of higher education policy in New America. “I think it’s really frustrating that the Biden administration didn’t prioritize doing this in a timely manner.”

If all goes according to plan, the final rule of lucrative employment will not be made until July 2024, one year after the originally proposed timeline, and failing colleges will not be penalized until 2027. Proponents of her case have been working to make the actual transcript of this statement available online.

Kyle Southern, associate vice-president of the Institute for College, said, “The most targeted by the most violent institutions, the lowest quality, highest loan programs, they are always the most marginalized by higher education” access and success. “They are black and Latino, they are low-income students, they are seniors who are all trying to navigate this complex web of programs. The real people who are going to be the victims of regularly weak rules are always the target.

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