Gainful Employment Rule Rescission – ED’s Instructions for Immediate Implementation
On Monday, July 1, 2019, the U.S. Department of Education (“ED”) formally published a final rule rescinding the Obama-era regulations known as the Gainful Employment rule. Institutions have the option to implement these changes immediately—including cessation of all GE disclosure obligations and direct-delivery requirements—provided they follow ED’s instructions for doing so, which are described below.