Ben Miller

Noteworthy Provisions of the New Higher Ed Act Draft

[This piece was co-authored by Ben Miller, Clare McCann, and Stephen Burd]. Yesterday, Sen. Tom Harkin (D-Iowa), the retiring chairman of the Senate Health, Education, Labor and Pensions Committee, released the second draft of his proposal for reauthorizing the Higher Education Act. As we noted during our review of the initial draft back in June,… Read more »

Debt Collection Expert to Buy College Chain That Excels at Student Debt

If there was one thing Corinthian Colleges excelled at in the last few years it was sending students into debt with questionable credentials that were almost certainly going to lead to default. So maybe it’s fitting that its new owners are a company whose revenue and resource base is built upon collecting defaulted student loans…. Read more »

Student Support Services: When 2% is Not a “Radical Policy Shift”

Only in Washington, D.C. can a tiny change of emphasis be portrayed as a “radical policy shift.” At least that’s the message some advocacy groups are making about a proposal that the U.S. Department of Education has made that would slightly alter the criteria it uses to award new Student Support Services grants to colleges…. Read more »

What Removing Default Rates Means For Gainful Employment

The most controversial change from the Department’s proposed version of the gainful employment regulation in the spring and the one released at the end of October is no longer judging programs based upon the percentage of borrowers that defaulted on their loans within three years of entering repayment. Removing this program cohort default rate got a lot… Read more »

What’s Different, What’s New in Final Gainful Employment Rule

The Department of Education finally released its final gainful employment rule this morning. This is a high-profile attempt to address concerns about the quality of career education programs, particularly those offered by private, for-profit institutions. This version is the fourth major version of the text we’ve seen, after a proposed version back in March, as well as… Read more »