Thompson Coburn

The U.S. Department of Education’s new financial responsibility rules took effect July 1, 2024 (the “2024 Rule”). These rules are part of a sweeping set of regulations that cover financial value transparency and gainful employment, professional licensure programs, the bare minimum rule, transcript withholding, and diploma verification, among many other topics.Part of this

The U.S. Department of Education’s new financial responsibility rules take effect July 1, 2024. These rules are part of a sweeping set of regulations that become effective the same day and cover financial value transparency and gainful employment, professional licensure programs, the bare minimum rule, transcript withholding, and diploma verification, among many other topics.With so

The new Subchapter V of Chapter 11 became effective on February 19, 2020. Designed to streamline reorganizations for small businesses, the new Subchapter V has proven very popular. The Final Report of the American Bankruptcy Institute ABI Task Force (the
“ABI Task Force”) identified 6,410 Subchapter V cases filed nationwide between Subchapter V enactment in

On April 15, 2024, the U.S. Department of Education (“Department”) issued new guidance regarding the implementation of the program length restrictions for Gainful Employment (“GE”) programs. These restrictions are included in the Department’s Financial Responsibility, Administrative Capability, Certification Procedures and Ability to Benefit Final Rule (“Final Rule”) published in the Federal Register on October 31,

In the past three weeks, the U.S. Department of Education has released significant guidance on the implementation of its new Financial Value Transparency and Gainful Employment rule, which takes effect July 1, 2024.  In this 20-minute video, Aaron
Lacey breaks down key announcements and clarifications from the new guidance.  He discusses the extended data reporting