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Report: Department of Education Took 'Unprecedented Actions' in Sale of For-Profit Chain

Report: Department of Education Took 'Unprecedented Actions' in Sale of For-Profit Chain
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HEERF Audit Guide For Proprietary Schools Released - Accounting and Audit

HEERF Audit Guide For Proprietary Schools Released - Accounting and Audit
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Blog: HEERF Audit Guide for Proprietary Schools Released | Cooley LLP

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On March 31, the Department of Education’s Office of Inspector General (ED OIG) issued the Guide for Compliance Attestations Engagements for Proprietary Schools Expending Higher Education Emergency Relief Fund Grants (Guide) which will govern how for-profit institutions are evaluated for compliance in their treatment of Higher Education Emergency Relief Fund (HEERF) moneys received under the Coronavirus Aid, Relief and Economic Security Act (CARES), the Coronavirus Response and Relief Supplemental Appropriations Act (CRRSAA) and the American Rescue Plan (ARP).
The Guide is effective immediately for the first fiscal year during which a school has expended HEERF funds, which for most institutions will be any fiscal year starting after April 1, 2020. Any proprietary school that expended more than $500,000 in HEERF funds during the fiscal year, or expended HEERF funds in any amount while also on HCM1 or HCM2 status ....

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Higher Education: Conservative Policy Responses to COVID-19

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The coronavirus pandemic has and will continue to change many aspects of life. Higher education is no exception, which raises the question of how the conservative approach to higher education should change in response to the pandemic.
A conservative response to the coronavirus should include liability protection from virus-related lawsuits, deregulation of competency-based education, voucherization of state funding, and the introduction of alternative accountability metrics.
The Shocks to Higher Education from COVID-19
Due to the virus, many aspects of higher education have undergone substantial change. Four of these coronavirus shocks are particularly noteworthy.
First, there has been a sudden and dramatic increase in online education. In the spring, almost every college shifted to online classes virtually overnight. Despite early hopes that this would be temporary, it appears that online education will remain dominant for some time. Accordin ....

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