Reporting Gainful Employment Data To DOE: Time To Get Started

On October 31 of last year, the U.S. Department of Education finally promulgated its much anticipated "gainful employment" or "GE" regulations. The new rules, which become effective July 1, 2015, include reporting, disclosure, and certification requirements, as well as new debt-to-earnings metrics designed to assess whether a program offers a reasonable return on investment. Because repeated failure to satisfy the "D/E" metrics can lead to program ineligibility, a great deal of attention has been paid to how the metrics are calculated, with many institutions working to project whether their programs will pass. And indeed, as REGucation readers know, we dedicated a series of blogs to this topic, culminating with the release of our desk guide, "How to Project Gainful Employment Rates."