Drowned out in the clamor over the upcoming gainful employment regulations is a much more silent but ardent effort to radically change the landscape of Title IV of the Higher Education Act. During the 2012 campaign and subsequently in his second term, President Obama has initiated the fight against rising college costs. On July 24, Speaking at Knox College, in Galesburg, Ill., a community hit hard by industrial layoffs, the president promised to lay out a plan that would “shake up” higher education. Any day now, President Obama will propose a rating system of postsecondary schools that is designed to fundamentally change how Title IV funds are awarded by creating a rating system that will ranks schools on affordability and outcomes. Unlike the gainful employment regulations, this rating system will be imposed on schools without negotiated rulemaking or the ability to submit formal comments. Moreover, unlike the gainful employment regulations, this rating system will be imposed on all participants in the Title IV programs whether they are public, private, or for-profit institutions. In this seminar by expert speaker Yolanda R. Gallegos, learn how this Plan will affect your institution and your students.
You will learn about the timeline for the creation and implementation of the College Affordability Plan; the elements that can be implemented without legislation. You will also learn how the ratings system is expected to be applied to institutions and how it will impact their institutions and their students.
Obama is proposing to tie Title IV aid to college performance on a new ratings system that would be created that would address outcomes and affordability. This proposal presents a fundamentally different method of awarding Title IV aid. No longer would the aid be awarded based solely on student need, estimated family contribution, and cost. This plan will factor in institutional ratings so that students with equal needs, cost, and expected family contribution could be awarded different amounts depending on the rating of the institution they attend.2. Practicing Innovation and Competition
3. Ensuring that Student Debt Remains Affordable
Who Should Attend
Yolanda R. Gallegos
The Gallegos Legal Group, founded by Yolanda Gallegos, is a national education law practice, representing colleges and universities around the country. Gallegos Legal Group specializes in higher education regulatory compliance and risk management in areas associated with federal student aid, student grievances, civil r... More info