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Washington News Brief

By Sharon H. Bob, Ph.D., Higher Education Specialist, Powers Pyles Sutter and Verville, PC
The following Washington career college news brief is a summary of important higher education news originating from Washington D.C.

Preparing for Student Loan Repayment

By Alec Reinstadtler, Vice President, Student Connections, a Loan Science company
The student loan payment suspension is coming to an end. Learn how to anticipate and overcome the challenges ahead, and engage your borrowers to take action now.

 
 

Hidden Requirements for Calculating Graduate Employment

By Bryan M. Westhoff, Shareholder, Polsinelli PC
How do state and federal prosecutors use consent orders to enforce new rules for the way that propriety schools calculate their graduate employment rates? In the absence of any uniform rules for calculating graduate employment rates, many state and federal prosecutors have adopted their own views about which students schools can count as “employed.”

Negotiated Rulemaking Committee on Affordability and Student Loans – Session One

Pima Medical Institute and East Valley Institute of Technology (EVIT) Create a Collaborative Partnership that Benefits Phoenix Area High School Students

By Jen Spurlin, Corporate Director of Education, Pima Medical Institute
Pima Medical Institute has announced a new partnership with the Health Sciences Division of the East Valley Institute of Technology to provide high school students a clear pathway to higher education.

In Tune with the Market: Bellus Academy Creates CBD Curriculum

Career Education: Then and Now

By Steve Gunderson, President & CEO, and Michael Dakduk, Executive VP and Director of Government Relations, Career Education Colleges and Universities
Our sector has an incredible opportunity to influence regulations and legislation that may be here to stay for the coming decade. In March CECU will gather the sector for Hill Day. This is the sector’s opportunity to push Congress toward meaningful HEA reform.

Musings of an Educational Entrepreneur

What Does the new Revenue Recognition Accounting Standard Mean for Your Institution?

By Jennifer L. DeBor, CPA, Audit Manager, McClintock & Associates, P.C.
The crux of the standard is that the recognition of revenue should represent the amount an entity (institution) is expected to receive for the transfer of its promised goods or services (education) to the customer (student). The standard requires an institution to apply a five-step process to an entity’s contracts with its customers.

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