Final Regulations: Financial Value Transparency and Gainful Employment

Publication Date
October 10, 2023
Subject
Final Regulations: Financial Value Transparency and Gainful Employment
FR Type
Final
Effective date
July 1, 2024

In this Federal Register notice, the Department establishes and amends regulations related to gainful employment to address ongoing concerns about educational programs designed to prepare students for gainful employment in a recognized occupation, but that instead leave them with unaffordable amounts of student loan debt in relation to their earnings, or with no gain in earnings compared to others with no more than a high school education. The Department separately seeks to enhance transparency by providing information about financial costs and benefits to students at nearly all academic programs at postsecondary institutions that are eligible to participate in Title IV of the Higher Education Act of 1965, as amended (HEA). These regulations are effective July 1, 2024.

To view this Federal Register publication, click here.