In the past three weeks, the U.S. Department of Education has released significant guidance on the implementation of its new Financial Value Transparency and Gainful Employment rule, which takes effect July 1, 2024. In this 20-minute video, Aaron Lacey breaks down key announcements and clarifications from the new guidance. He discusses the extended data reporting deadline, the latest on transitional reporting and rates, the revised implementation schedule, and new resources designed to help institutions with compliance. He also provides a brief update on the current litigation challenging the rule and reflects on other potential roadblocks to implementation. Click below to watch this update, the first in our new HigherEdReg Rundown series.
Click here for the slide deck.
About REGucation
Welcome to REGucation, the higher education blog that strives, through practical advice and insight, to help the higher education community manage a fast-changing and increasingly complex regulatory environment.
Our goal is to serve as a practical, concise, and accessible resource for institutions confronting regulatory and policy issues. The blog focuses on the extraordinarily broad and sophisticated set of legal challenges faced by contemporary post-secondary institutions, including those involving real estate, construction, joint ventures, litigation, intellectual property, immigration, taxation, financing, employees and benefits, and government relations, to name a few. We also cover the staggering collection of federal, state, and accrediting agency laws and standards specific to higher education.
If there are topics you would like us to cover, or questions you may have regarding a topic that already has been addressed, please do not hesitate to reach out. Finally, if you would like to contribute a guest article, we would love to hear from you.
Aaron Lacey is a partner in Thompson Coburn’s Higher Education practice, and editorial director of REGucation. You can find Aaron on Twitter (@HigherEdCounsel) and LinkedIn, and reach him at (314) 552-6405 or alacey@thompsoncoburn.com.
