CECU State of the Sector an Executive Summary

By Career Education Colleges and Universities (CECU)
CECU surveyed their education membership’s leaders to better understand the state of the sector school-by-school. This article explains the key summary observations, followed by some of the high points of their comments which help better define the analysis.

Veteran Alumni Report Positive Experiences at Proprietary Institutions According to New Survey

Managing Employees Through Unemployment, Layoff and Furloughs

By Erica Brune, President, Lever1
What are the differences between unemployment, layoff and furlough and what is best for my company? Lever1’s seasoned HR Director walks through the best course of action to avoid discrimination pitfalls when selecting employees for reduction of work as well as how to manage their unemployment claims and health coverage.

Recalling Employees Back to Work

Déjà vu for Career Colleges – Proactively Preparing for the Attack!

Interview with Vince Norton and Jean Norris, Norton Norris, Inc.
The perfect storm was already brewing with ideological battles over the tax status of a career college, a focus on questionable marketing and recruitment practices, battles over 90/10, VA benefits, borrower defense to repayment and more. Let’s talk about how a career college can proactively prepare to avoid the scrutiny that is sure to come.

Schools Facing Financial Difficulties Should Know the ABC Process is an Alternative to Bankruptcy

Does Your Institution “Act CAREfully” When it Comes to Accounting, Recording Keeping and Documentation of Federal Funds?

By Michael T. Wherry, CPA, and Dave McClintock, CPA, McClintock & Associates
With the U.S. Department of Education and the Small Business Administration disbursing unprecedented amounts of emergency relief with so little specific guidance, now is the time for institutions to carefully vet their accounting, record keeping and documentation processes.

PPP Loans and HEERF Grants: A Guide to Accounting, Reporting and Composite Score Considerations