On Wednesday, the Department of Education released its proposed gainful employment and ability to benefit regulations. The proposed regulations, which also includes rules on financial responsibility, administrative capability, and certification procedures, will be published in the Federal Register today, and comments may be submitted over a period of 30 days. The Department expects to finalize the rules later this year. Rules finalized by November 1, 2023, will go into effect on July 1, 2024.
The Department of Education’s press release may be accessed here.