Your summer homework is here
Plan for an active summer on the regulatory front. 🔏📖
From Title IX to FAFSA to modifications in labor rules, preparing, meeting, and maintaining compliance with US federal government deadlines is critical.
The American Council on Education created an executive summary outlining 𝐤𝐞𝐲 𝐫𝐞𝐠𝐮𝐥𝐚𝐭𝐨𝐫𝐲 𝐜𝐡𝐚𝐧𝐠𝐞𝐬 𝐚𝐧𝐝 𝐭𝐡𝐞𝐢𝐫 𝐞𝐟𝐟𝐞𝐜𝐭𝐢𝐯𝐞 𝐝𝐚𝐭𝐞𝐬.
In addition, a 𝐔𝐒 𝐄𝐝𝐮𝐜𝐚𝐭𝐢𝐨𝐧 𝐃𝐞𝐩𝐚𝐫𝐭𝐦𝐞𝐧𝐭 (𝐃𝐎𝐄) 𝐫𝐮𝐥𝐞 𝐰𝐢𝐥𝐥 𝐩𝐫𝐨𝐡𝐢𝐛𝐢𝐭 𝐭𝐡𝐞 𝐰𝐢𝐭𝐡𝐡𝐨𝐥𝐝𝐢𝐧𝐠 𝐨𝐟 𝐭𝐫𝐚𝐧𝐬𝐜𝐫𝐢𝐩𝐭𝐬 𝐟𝐨𝐫 𝐜𝐞𝐫𝐭𝐚𝐢𝐧 𝐬𝐭𝐮𝐝𝐞𝐧𝐭𝐬 𝐛𝐞𝐠𝐢𝐧𝐧𝐢𝐧𝐠 𝐉𝐮𝐥𝐲 𝟏, 𝟐𝟎𝟐𝟒. This regulation applies to students who hold student loan debt and utilize federal financial aid.
𝐇𝐨𝐰 𝐜𝐚𝐧 𝐲𝐨𝐮𝐫 𝐨𝐫𝐠𝐚𝐧𝐢𝐳𝐚𝐭𝐢𝐨𝐧 𝐧𝐚𝐯𝐢𝐠𝐚𝐭𝐞 𝐭𝐡𝐞𝐬𝐞 𝐜𝐡𝐚𝐧𝐠𝐞𝐬, 𝐬𝐭𝐚𝐲 𝐚𝐡𝐞𝐚𝐝 𝐨𝐟 𝐭𝐡𝐞 𝐜𝐮𝐫𝐯𝐞, 𝐚𝐧𝐝 𝐫𝐞𝐝𝐮𝐜𝐞 𝐫𝐢𝐬𝐤?
Stay informed through publications like HigherEdRisk
Consult with experts.
Engage with professional organizations like American Council on Education.
Partner with legal counsel and your risk management department.
Regulations are often complex to decipher and they impact institutions cross-functionally. Developing 𝐦𝐮𝐥𝐭𝐢𝐝𝐢𝐬𝐜𝐢𝐩𝐥𝐢𝐧𝐚𝐫𝐲 𝐩𝐚𝐫𝐭𝐧𝐞𝐫𝐬𝐡𝐢𝐩𝐬 to share knowledge, leverage common concerns, and embrace collaboration will further improve your organization's resiliency in this dynamic environment.
𝐖𝐡𝐚𝐭 𝐬𝐭𝐞𝐩𝐬 𝐰𝐢𝐥𝐥 𝐲𝐨𝐮 𝐭𝐚𝐤𝐞 𝐭𝐨 𝐞𝐥𝐞𝐯𝐚𝐭𝐞 𝐚𝐧𝐝 𝐭𝐫𝐚𝐧𝐬𝐟𝐨𝐫𝐦 𝐲𝐨𝐮𝐫 𝐨𝐫𝐠𝐚𝐧𝐢𝐳𝐚𝐭𝐢𝐨𝐧?