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30-09-2023, 01:57 PM
Ronda Lee
Fri, September 29, 2023 at 4:07 AM GMT+8·5 min read
All schools of higher education will face stricter requirements proving certain certificate programs lead to better employment opportunities for graduates under a finalized federal rule.
If they can’t prove their worth, the schools lose access to federal student aid.
......
The Biden administration this week reinstated a stricter gainful employment rule, toughening one accountability metric and adding a new one to better gauge a school’s ability to improve their students’ earnings potential after graduation. The rule applies to certificate programs at all institutions, including public and private nonprofit colleges.
Additionally, all schools will have to provide prospective students with a new financial value transparency framework that outlines the actual costs to get a degree from that institution and the financial outcomes students can expect.
The moves are part of the Biden administration’s latest efforts to rein in costs in higher education and aims to protect hundreds of thousands of young Americans from going into unaffordable debt.
Much more at: https://finance.yahoo.com/news/biden-str...52907.html
Fri, September 29, 2023 at 4:07 AM GMT+8·5 min read
All schools of higher education will face stricter requirements proving certain certificate programs lead to better employment opportunities for graduates under a finalized federal rule.
If they can’t prove their worth, the schools lose access to federal student aid.
......
The Biden administration this week reinstated a stricter gainful employment rule, toughening one accountability metric and adding a new one to better gauge a school’s ability to improve their students’ earnings potential after graduation. The rule applies to certificate programs at all institutions, including public and private nonprofit colleges.
Additionally, all schools will have to provide prospective students with a new financial value transparency framework that outlines the actual costs to get a degree from that institution and the financial outcomes students can expect.
The moves are part of the Biden administration’s latest efforts to rein in costs in higher education and aims to protect hundreds of thousands of young Americans from going into unaffordable debt.
Much more at: https://finance.yahoo.com/news/biden-str...52907.html
