A bipartisan group of senators has urged the Education Department to extend the deadline for colleges to report program-level information related to student loans and costs.
The gainful-employment rule aims to provide prospective students with essential data about college program effectiveness, but implementation challenges are complicating compliance.
Lawmakers argue that without a deadline extension to July 2025, colleges cannot submit accurate data by the October 1 deadline due to ongoing FAFSA difficulties.
Senators emphasize that financial aid administrators should prioritize assisting students over meeting the new reporting requirements amid ongoing issues with the FAFSA launch.
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