With Addition of New Administrative Capability
Requirements and Other Agreed Upon Revisions
The AHEAD Committee Reached Consensus on New
Accountability and Transparency Frameworks
Overview
Following a major addition proposed this morning to add a new set of administrative capability requirements to the AHEAD Committee’s prior “Preliminary Discussion Guide: Student Tuition and Transparency System (STATS) and Earnings Accountability” discussion draft all but one Non-Federal negotiator voted in favor of consensus on a comprehensive set of proposals to implement the new low-earnings outcomes (a.k.a Do No Harm) and align the new regulations with the existing Financial Value Transparency and Gainful Employment regulations.
The final regulatory proposals were significantly amended in the final hours adding new criteria that maintains limits on the assessment of low-earnings programs to a potential loss of Federal Direct Loan Program eligibility, while adding new regulations which could eliminate programmatic – if not institutional – eligibility based if a low-earnings program meets certain criteria.
What’s Next
With the draft consensus language being drafted quite literally in real time, CSPEN will spend the weekend preparing a comprehensive summary of the actual final consensus language and plan to share and discuss the language on Monday afternoon’s CSPEN Accountability Negotiated Rulemaking webinar.
