U.S. Announces Public Meetings on ‘Gainful Employment’

The U.S. Department of Education announced in today’s Federal Register that it will hold public meetings on Nov. 4 and 5 in Washington, where individuals and groups that submitted official comments about the department’s proposed regulations on "gainful employment" can deliver oral presentations and answer questions posed to them by department employees.

After receiving more than 90,000 comments and citing flexibility in its timeline for publishing final rules, the department in September said it would delay the release of a final version of the most controversial part of the regulations — metrics to hold programs accountable for loan repayment rates and the debt service-to-income ratios of their graduates and dropouts — to allow for public and private meetings on the proposal. The rules are expected early next year and would take effect on July 1, 2012.


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