Education Department Readies Round 2 of Higher Ed Accountability Rules

The Education Department is preparing to finalize another package of regulations in the coming days that would give agency regulators new tools to crack down on colleges teetering on the brink of closure. The rules would also police how colleges display financial aid information and withhold transcripts from students in some cases.
The second package of regulations has flown a bit under the radar since they were unveiled earlier this year alongside the Biden administration’s signature “gainful employment” rule targeting the funding of low-performing career college programs and for-profit schools.