Congress is wrapping up last-minute business before its August recess. This week, the Senate confirmed Robert King to be the Assistant Secretary for Postsecondary Education at the U.S Department of Education (USDE). King, the former President of the Kentucky Council on Postsecondary Education and former chancellor of the State University of New York system, will now lead USDE's efforts that seek to "broaden access to higher education and strengthen the capacity of colleges and universities."
Last week, USDE officially rescinded the controversial Obama-era Gainful Employment (GE) regulations. Recall that these regulations would have removed federal student aid eligibility from certain institutions that graduated students with high debt relative to their earnings. In place of GE, USDE wants to update the College Scorecard with additional earnings data and hold all institutions to the same accountability standards. Read about these stories and more in the July 2019 Washington Insights.
Read the July 2019 Washington Insights.
Washington Insights provides the latest news, guidance, and inside-the-beltway advice on the complex subject of financial aid in higher education. Washington Insights is prepared by Dr. Sharon Bob, Ph.D., the Distance Education Accrediting Commission's Special Consultant on Student Aid.