CECU Daily Update Email
Overview of the U.S. Department of Education’s final Institutional Accountability (Borrower Defense) Rule
Tuesday, September 10th
7 Characteristics of a High-Performing Admissions Rep
Wednesday, September 25th
In Case You Missed It
Borrower Defense Repayment Rule – CECU Presence in the Media
DeVos issues new loan forgiveness rule for swindled students - Associated Press
August 30, 2019
Career Education Colleges and Universities, which represents dozens of for-profit colleges, supports the rewrite, said Michael Dakduk, the organization’s executive vice president. “We think it provides fairness and due process to all parties involved,” he said.
New Loan Forgiveness Rule Aims To Help Students Defrauded By Colleges - Daily Caller
August 31, 2019
Michael Dakduk, executive vice president of Career Education Colleges and Universities, weighed in on the new rule saying, “We think it provides fairness and due process to all parties involved.”
DeVos finalizes 'borrower defense' rules as critics plan lawsuits - POLITICO Morning Education
September 3, 2019
Michael Dakduk, executive vice president of Career Education Colleges and Universities, said his group’s “initial review suggests the rule provides fairness to both students and schools while saving the taxpayer money.”
Raising the Bar for Loan Forgiveness - Inside Higher Ed
September 3, 2019
Michael Dakduk, executive vice president and director of government relations at Career Education Colleges and Universities, said the rule appeared to address several concerns CECU had expressed about the 2016 regulations.
“We believe this administration's rewrite provides the necessary safeguards for students and taxpayers while generally ensuring appropriate due process for institutions,” he said.
Ed Dept's final borrower defense rule raises bar for claims - Education Dive
September 3, 2019
"We are very supportive of this administration's rewrite of the borrower defense regulations," Michael Dakduk..."We think it's fair for all parties involved — that's the students, the institutions and the taxpayers."
Chatting with Chatbots – Inside Higher Ed
Chatbots have started to infiltrate every corner of higher ed — from admissions to student affairs, career services and even test prep. Is that a good thing?
Education Politics and Policy
Michael Rosen and Charlie Dee: Tony Evers is reversing Scott Walker’s negligence on for-profit colleges – The Cap Times
Gov. Tony Evers is rebuilding the state agency responsible for regulating the predatory for-profit industry and protecting students targeted for exploitation.
Booker’s history with DeVos under scrutiny as Democrats invoke her on the trail – NBC News
While other candidates pile on the education secretary in campaign speeches, Cory Booker is defending his past ties to her organization
Financial Aid and Student Loan Issues
2020-2021 College Financing Plan – IFAP
In July 2012, the U.S. Department of Education (ED) released the College Financing Plan (formerly known as the Financial Aid Shopping Sheet) format and asked institutions to voluntarily commit to using the College Financing Plan to supply financial aid information to students in a way that can be understood and compared easily.
Education Department rejected 99% of applicants for student loan forgiveness program – CBS News
The U.S. Education Department rejected 99 percent of applicants in the first 12 months of a revamped student loan forgiveness program, according to government watchdog report released Thursday.
Legal and Regulatory Issues
Education Dept. Levies $4.5-Million Fine Against Michigan State Over Nassar Scandal – The Chronicle of Higher Education
The Department of Education has levied a $4.5-million fine against Michigan State University — the largest such penalty ever — for failing to comply with campus-safety regulations in its handling of the Larry Nassar scandal.
Secretary DeVos Levies Largest-Ever Clery Fine Against Michigan State University, Requires Major Corrective Action Following Systemic Failure to Address Sexual Abuse
Today, the U.S. Department of Education announced it will fine Michigan State University (MSU) a record $4.5 million and require the University to make major changes to its Title IX procedures following its systemic failure to protect students from sexual abuse.
Breaking Down Borrower Defense Regs: ED Issues New Set of Financial Responsibility Standards – NASFAA
This is the first in a series of three articles analyzing the rule, and will focus on changes to the financial responsibility standards, primarily located in sections 668.171 and 668.175 of the General Provisions regulations.
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