Less than a month after issuing final regulations on financial value transparency and gainful employment, the Department of Education finalized a second set of rules to address the agency’s concerns over institutional accountability and consumer protection. These regulations will go into effect on July 1, 2024.
The Department of Education issued final rules on financial value transparency (FVT) and gainful employment (GE) that will go into effect on July 1, 2024. The Department also created a fact sheet summarizing the major regulatory provisions.