By Jim Farmer, Campus Technology
The newly released Gainful Employment regulations affect both public and private colleges and universities, in addition to for-profit vocational training institutions. It’s estimated that implementation will cost institutions an average of $51.55 per student per year and will place a substantial burden on campus IT departments. Barmack Nassirian, American Association of State Universities and Colleges, from his experience at the AACRAO (American Association of Colleges Collegiate Registrars and Admissions Officers) knew the magnitude of the tasks to implement the GE rules. Detailed data from the Federal Register confirmed his fears. Though no totals were published, the individual cost components were included in the text. Aggregated, the department’s cost estimate was $205 million per year; $51.55 per student (computed from data on pages 64993-65005). Nassirian also expressed the fears of many of the negotiators: With minor changes the rules could be applied to all sectors and all programs.
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