Maddie Fenton

Jun 10, 2024 | lexology.com | Nancy Anderson |Maddie Fenton |Paul G. Lannon

HighlightsThe U.S. Department of Education has finalized new regulations effective July 1, 2024, impacting mergers and acquisitions involving higher education institutions. These changes include new financial tests for new owners and institutions and stricter conditions for financial responsibility following a change in control.

Nov 8, 2023 | jdsupra.com | Maddie Fenton |Paul G. Lannon

The U.S. Department of Education released new Financial Responsibility regulations that help protect students and taxpayers when institutions of higher education self-disclose specified financial warning signs or "triggering events." The regulations, which become effective on July 1, 2024, are intended to make it easier to assess the financial stability of institutions, discourage risky behavior and ensure that taxpayers are better protected from the costs of sudden school closures.

Nov 7, 2023 | mondaq.com | Paul G. Lannon |Maddie Fenton

The U.S. Department of Education released new Financial Responsibility regulations that help protect students and taxpayers when institutions of higher education self-disclose specified financial warning signs or "triggering events." The regulations, which become effective on July 1, 2024, are intended to make it easier to assess the financial stability of institutions, discourage risky behavior and ensure that taxpayers are better protected from the costs of sudden school closures.

Oct 18, 2023 | jdsupra.com | Maddie Fenton |Paul G. Lannon

The U.S. Department of Education (Department) issued new Gainful Employment (GE) regulations last month for the first time since 2014. These program-specific regulations impose important compliance obligations on for-profit and not-for-profit institutions of higher education. Financial Value Transparency provisions are intended to increase the quantity and quality of information that students will have before enrollment. Performance metrics demand greater accountability for GE programs.

Oct 18, 2023 | mondaq.com | Paul G. Lannon |Maddie Fenton

The U.S. Department of Education (Department) issued new Gainful Employment (GE) regulations last month for the first time since 2014. These program-specific regulations impose important compliance obligations on for-profit and not-for-profit institutions of higher education. Financial Value Transparency provisions are intended to increase the quantity and quality of information that students will have before enrollment. Performance metrics demand greater accountability for GE programs.