"The 13-member panel, comprised largely of state officials, think tank researchers and higher ed lawyers, spent the last four days negotiating the rules of a new college earnings test called Do No Harm-which applies to all degree programs-as well as changes to the existing gainful-employment rule, an accountability metric that only applies to certificate programs and for-profits. The department's proposal, which aligns the two accountability"
"Under Do No Harm, all college programs, except undergraduate certificates, that fail to prove their students earn more than someone with only a high school diploma could lose access to federal loans, whereas the current version of gainful employment requires programs to show their graduates pass the earnings test and can reasonably pay off their debt. Programs that fail either test are cut off from all federal student aid."
"If the committee doesn't reach consensus, the department is free to propose any changes to the regulation it wants, which could include scrapping gainful employment entirely. The department met with different committee members in private meetings Thursday, but it's unclear if those talks will lead to compromises or flip votes. "Consensus seems pretty unlikely at this point, since negotiators are still disagreeing on key provisions of the department's drafted text," said Emily Rounds, an education policy adviser at Third Way, a"
A thirteen-member advisory panel of state officials, think tank researchers and higher education lawyers spent four days negotiating Do No Harm, a new earnings test that would apply to degree programs, and revisions to the gainful-employment rule that applies to certificate programs and for-profits. The department proposed aligning both metrics and holding all programs to Do No Harm standards. Programs that fail earnings or repayment criteria would lose access to federal student aid. Committee members remain divided over eliminating the debt-to-earnings ratio and the Pell Grant penalty, and private meetings have not produced clear compromises.
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