Earlier this summer the first of the Education Department’s gainful employment regulations took effect. Because of the new rules, for-profit colleges and non-profit schools with vocational programs have been forced to update the way they market gainful employment programs to students, and how they report information on these programs to the Education Department.
While the reporting deadline has been moved, by all indications the Ed Department is taking the GE program disclosure rule — effective July 1 — seriously.
Two weeks ago ED announced it was pushing back the deadline for reporting information on GE programs for students enrolled in the 2010-2011 award year to November 15, 2011. The original deadline was October 1, and that date still stands for reporting info on GE programs from 2006-2007 through 2009-2010. However, information for those years will be accepted through November 15 as well.
While the reporting deadline has been moved, by all indications the Ed Department is taking the GE program disclosure rule — effective July 1 — seriously. EMSI has worked with colleges in Texas, Michigan, Ohio — and other states — to help them satisfy the disclosure rule. Here’s how:
- As part of Career Coach, EMSI’s career guidance web tool, we provide a template to fill out the necessary gainful employment disclosure details, including cost and length of the program, employment info, and numbers on median debt.
- EMSI links college’s educational and training programs with associated occupations through a custom mapping process — a vital and time-consuming part of the regulations.
- With the information compiled and the mapping done, EMSI provides widgets with all the necessary gainful employment disclosure details. This info is easily showcased on eligible program pages by copying a single line of HTML code, and students can click on links to find more information about the related jobs through O*NET or Career Coach.
Here’s an example of a completed template, via Montgomery County Community College:
For more information, visit our gainful employment page and contact Larson Hicks (larson@economicmodeling.com).
