CECU: Career Education Colleges and Universities
  • Home
  • About
    • CECU Staff
    • State Associations
    • Board of Directors
    • Contact Us
    • Campaign to Create 5M Career Professionals
  • Membership
    • Education Membership
    • Allied Membership
    • Associate Membership
    • International Membership
    • Financial Advisory Council
    • Affinity Programs
    • Student Success Stories >
      • 2019 Student Success Stories
      • 2018 Student Success Stories
  • Advocacy
    • Legislation >
      • Legislation Against the Sector
      • Protect Veterans' Access
      • Short-Term Pell Grants
      • Higher Education Act
    • Regulation >
      • Accreditation & Innovation
      • Borrower Defense to Repayment
      • Gainful Employment
      • State Authorization
    • PAC
    • Government Relations Resources >
      • Appropriations & Budget
      • Federal Financial Aid
      • Grassroots Toolkit
      • Military & Veterans Education
      • Regulation Links
      • GR Newsletter
    • Issue Briefs
    • Veterans
    • Coronavirus >
      • COVID19 Webinars
      • Grant Guide
  • News
  • Events
    • CEO Summit
    • Convention
    • Hill Day
    • Leadership Institute
    • Let VETS Choose
  • Resources
    • CECU Resource Center
    • CECU Webinars
    • Professional Certification
    • Book - Success Story
  • Home
  • About
    • CECU Staff
    • State Associations
    • Board of Directors
    • Contact Us
    • Campaign to Create 5M Career Professionals
  • Membership
    • Education Membership
    • Allied Membership
    • Associate Membership
    • International Membership
    • Financial Advisory Council
    • Affinity Programs
    • Student Success Stories >
      • 2019 Student Success Stories
      • 2018 Student Success Stories
  • Advocacy
    • Legislation >
      • Legislation Against the Sector
      • Protect Veterans' Access
      • Short-Term Pell Grants
      • Higher Education Act
    • Regulation >
      • Accreditation & Innovation
      • Borrower Defense to Repayment
      • Gainful Employment
      • State Authorization
    • PAC
    • Government Relations Resources >
      • Appropriations & Budget
      • Federal Financial Aid
      • Grassroots Toolkit
      • Military & Veterans Education
      • Regulation Links
      • GR Newsletter
    • Issue Briefs
    • Veterans
    • Coronavirus >
      • COVID19 Webinars
      • Grant Guide
  • News
  • Events
    • CEO Summit
    • Convention
    • Hill Day
    • Leadership Institute
    • Let VETS Choose
  • Resources
    • CECU Resource Center
    • CECU Webinars
    • Professional Certification
    • Book - Success Story

APSCU'S GUNDERSON ASKS SECRETARY KING FOR DELAY TO GAINFUL EMPLOYMENT REGULATION

4/14/2016

 
Washington, DC - April 14, 2016 - APSCU president and CEO Steve Gunderson sent a letter to Secretary John King asking for a one year delay in the imposition of any penalties related to the gainful employment regulation. ​
In the letter Gunderson writes that the purpose of the request "is to enable institutions to transition their programs in response to the Department's planned debt-to-earnings ratios scheduled for release this year. The basis for this request is three recent studies making clear that recent graduates faces significant challenges in finding work related to the value of their degrees."

The letter goes on to detail three studies, one by the New York Federal Reserve and two by the Georgetown Center for Education and the Workforce that show high rates of unemployment and underemployment are not uncommon among college graduates just beginning their careers and there still exists a dramatic lack of job recovery in middle-skills jobs. 


Gunderson continues, "These studies confirm that graduates at all levels, from all institutions, struggle to find employment at the level they thought they would obtain upon graduation. Such data makes clear that using debt-to-earnings ratios in a graduate's third year of employment inaccurately reflect the long-term earnings gains of graduates. Using such data will negatively impact many good programs that are simply caught in the delayed economic recovery for middle-skilled jobs."


The letter concludes by asking, "that the first year of the regulation be implemented without penalty. Such a good faith effort will enable institutions to comply without impeding student access. But it will not delay the program changes the Administration sought in promulgating this regulation."

Comments are closed.

    Categories

    All
    Accreditation
    Blog
    Campaign
    CECU Daily Update Email
    Cybersecurity
    Data & Statistics
    Defense To Repayment
    ECA Campus Closures
    Education & Skills
    Events
    Gainful Employment
    HEA
    Healthcare
    Letters To Department Of Education
    Military & Veterans
    Press Releases
    Shortage Of Skills
    Students

    Media contact:
    CECU Communications
    communications@career.org

    Archives

    January 2021
    December 2020
    November 2020
    August 2020
    June 2020
    May 2020
    April 2020
    March 2020
    February 2020
    January 2020
    December 2019
    November 2019
    October 2019
    September 2019
    August 2019
    July 2019
    June 2019
    May 2019
    April 2019
    March 2019
    February 2019
    January 2019
    December 2018
    October 2018
    August 2018
    July 2018
    March 2018
    February 2018
    January 2018
    December 2017
    November 2017
    October 2017
    September 2017
    August 2017
    July 2017
    June 2017
    May 2017
    April 2017
    March 2017
    February 2017
    January 2017
    December 2016
    November 2016
    October 2016
    September 2016
    August 2016
    July 2016
    June 2016
    May 2016
    April 2016
    March 2016
    February 2016
    January 2016
    December 2015
    November 2015
    October 2015
    September 2015
    July 2015
    June 2015
    February 2015
    January 2015
    December 2014
    October 2014
    September 2014
    August 2014
    July 2014
    June 2014
    May 2014

    RSS Feed

Contact
Career Education Colleges and Universities
​1530 Wilson Boulevard | Suite 1050 | Arlington, VA 22209
Phone: 571-970-3941 | Fax: 571-970-6753 | Privacy

CECU Members - if you are not receiving our emails and would like to, please contact us at communications@career.org.