Understanding Financial Value Transparency and Gainful Employment (Virtual Workshop) - Friday, June 28, 2024
Exclusive Virtual Workshop for CCAHM Member Schools
Friday, June 28th
12:30-1:45 pm ET | 11:30 am-12:45 pm CT | 10:30-11:45 am MT | 9:30-10:45 am PT
In 2023, the U.S. Department of Education published the official final rule for Financial Value Transparency and Gainful Employment, which restores an accountability and eligibility framework for career training programs and, expands disclosure requirements to all title IV institutions. Both the Financial Value Transparency and Gainful Employment regulations utilize a debt-to-earnings (“D/E”) rate and an earnings premium (“EP”) measure to assess the value of title IV programs. Programs subject to the Financial Value Transparency framework would be required to make new disclosures, but programs subject to the Gainful Employment framework would face loss of title IV eligibility.
Please join us for a webinar with Kristina Gill, Partner, and Jessica High, Associate, at Duane Morris LLP. They will provide an overview of the rule, the metrics used to assess programs, changes to the Final Rule from the NPRM, the transitional period, reporting requirements, and disclosure requirements and sanctions.
ZOOM details will be shared with school administrators.
___________
About the Presenters
Kristina Gill practices in the area of education law. Ms. Gill’s practice focuses on issues related to federal and state higher education law from both a policy and regulatory compliance perspective. Her experience and advice includes issues surrounding compliance with the federal regulatory process, particularly as related to the Title IV student financial aid programs authorized by the Higher Education Act and administered by the U.S. Department of Education.
Specifically, Ms. Gill counsels institutions regarding institutional, student and program Title IV eligibility requirements, including Title IV program review and audit response and resolution, Title IX (sexual harassment) and Clery Act (campus safety) compliance, Annual Safety Reports, EEOC complaints, change of ownership questions and approvals, incentive compensation, licensing requirements, state authorization (on-ground and distance education), DOD/VA educational benefit regulations, gainful employment compliance, and borrower defense to repayment issues. She also advises schools regarding consumer protection and disclosure regulations and trends, and a variety of other legal and regulatory issues impacting educational institutions, including marketing and advertising practices, and third party servicer relationships. She assists clients in providing formal responses to rulemaking and draft legislation.
As a former staffer on Capitol Hill and registered lobbyist, Ms. Gill brings an insiders perspective to the federal legislative process. She has a strong command of the intersection between policy and regulations. She works with clients to develop advocacy and engagement strategies for issues related to higher education and more specifically the reauthorization of the Higher Education Act. She is a speaker at higher education conferences on emerging and on-going regulatory issues impacting postsecondary educational institutions.
__________
Jessica S. High is an associate in the Trial Practice Group. She counsels private sector colleges and universities in their many specialized relationships, including matters of state and federal regulation, accreditation compliance and advocacy, and student and employee disputes and concerns.
Ms. High brings an owner's perspective to the specialized work of counseling our education clients. Her family owns and operates a group of accredited private allied health colleges. Ms. High was a Campus Director and founder of their branch campus location. She spent over ten years in total employed by private sector colleges in their financial aid, admissions, accounting, student services, and human resources departments.
Ms. High is a 2012 graduate of Arizona State University, Sandra Day O'Connor College of Law, and a magna cum laude graduate of the University of California, Los Angeles.