[Federal Register Volume 79, Number 233 (Thursday, December 4, 2014)]
[Rules and Regulations]
[Pages 71957-71959]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2014-28284]
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DEPARTMENT OF EDUCATION
34 CFR Parts 600 and 668
RIN 1840-AD15
[Docket ID ED-2014-OPE-0039]
Program Integrity: Gainful Employment; Correction
AGENCY: Department of Education.
ACTION: Final regulations; correction.
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SUMMARY: On October 31, 2014, we published in the Federal Register
final regulations for Program Integrity: Gainful Employment (Gainful
Employment rule). This document corrects regulatory text, footnotes,
and a chart in the Gainful Employment rule.
DATES: Effective July 1, 2015.
ADDRESSES: Accessible Format: Individuals with disabilities can obtain
this document in an accessible format (e.g., braille, large print,
audiotape, or compact disc) on request to the program contact person
listed under For Further Information Contact.
Electronic Access to This Document: The official version of this
document is the document published in the Federal Register. Free
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Code of Federal Regulations is available via the Federal Digital System
at: www.gpo.gov/fdsys. At this site you can view this document, as well
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You may also access documents of the Department published in the
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FOR FURTHER INFORMATION CONTACT: John Kolotos, U.S. Department of
Education, 1990 K Street NW., Room 8018, Washington, DC 20006-8502.
Telephone: (202) 502-7762 or by email at:
[email protected].
If you use a telecommunications device for the deaf (TDD) or a text
telephone (TTY), call the Federal Relay Service, toll free, at 1-800-
877-8339.
SUPPLEMENTARY INFORMATION: This document corrects: (1) Footnote text
that was omitted from the Gainful Employment rule; (2) Sec. 668.412 of
the regulations to include the implementation date for the disclosure
requirements; (3) the equations for calculating completion rates for
full-time students in Sec. 668.413(b)(1)(i) of the regulations; (4)
Sec. 668.413 to add mean earnings in addition to median earnings; and
(5) the notification provisions in Sec. 668.413(c)(2) of the
regulations.
In the Gainful Employment rule:
The text of certain footnotes was omitted;
We discussed that institutions must begin complying with
the requirements in Sec. 668.412 of the regulations beginning January
1, 2017. However, that language was inadvertently omitted from the
regulatory text;
Dividing lines were omitted from the chart on page 64954
that would enhance the data presentation;
We revised Sec. 668.412(a)(11) of the proposed
regulations to add mean earnings, in addition to median earnings, as a
possible disclosure item to be included on the disclosure template, but
we did not revise Sec. 668.413 of the regulations to reflect this
addition; and
Section 668.413(c)(2) referred incorrectly to the cohort
period with respect to the calculation of median loan debt.
Corrections
In FR Doc. No. 2014-25594, in the Federal Register of October 31,
2014 (79 FR 64890), make the following corrections:
[[Page 71958]]
0
1. On page 64905, in the left-hand column, add footnote 22 to read as
follows:
\22\ IPEDS First-Look (July 2013), table 2. Average costs (in
constant 2012-13 dollars) associated with attendance for full-time,
first-time degree/certificate-seeking undergraduates at Title IV
institutions operating on an academic year calendar system, and
percentage change, by level of institution, type of cost, and other
selected characteristics: United States, academic years 2010-11 and
2012-13.
0
2. On page 64906, in the right-hand column, revise footnotes 46 and 47
to read as follows:
\46\ NCES, ``Transferability of Postsecondary Credit Following
Student Transfer or Coenrollment,'' NCES 2014-163. Available at:
http://nces.ed.gov/pubsearch/pubsinfo.asp?pubid=2014163.
\47\ NCES, ``Transferability of Postsecondary Credit Following
Student Transfer or Coenrollment,'' NCES 2014-163, table 3.
0
3. On page 64907, in the middle column, revise footnote 54 to read as
follows:
\54\ Id.
0
4. On page 64954, the table is revised to read as follows:
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Date received Number ED sent Number SSA Number SSA did Number with
from SSA to SSA verified not verify earnings Number with zero earnings
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2011 GE informational 3/5/12 811,718 797,070 14,708 699,024 98,046 [12.3% of verified].
rates_includes non-Title IV.
2012 GE informational rates for 7/18/13 255,168 252,328 2,845 232,006 20,317 [7.96% of verified].
reg neg Title IV only.
2012 GE post reg neg_Title IV 8/14/13 923,399 917,912 8,487 798,952 115,960 [12.6% of verified].
only.
For College Scorecard_Title IV 9/13/13 900,419 892,796 7,623 809,204 83,592.
only derived from ED data on 901,719 894,260 7,459 819,542 74,718.
borrowers in FY 2007 iCDR cohort 902,380 892,840 9,540 787,223 105,617.
for selected institutions of 921,749 909,613 12,136 772,574 137,039.
higher education.
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Totals....................... .............. 3,626,267 3,589,509 36,758 3,188,543 400,966 [11.1% of verified].
For College Scorecard_Title IV 12/13/13 969,145 954,728 14,417 857,539 97,189.
only derived from ED data on 985,742 970,742 15,000 865,060 105,682.
borrowers in FY 2008 iCDR cohort 490,305 480,421 9,884 411,917 68,504.
for selected institutions of
higher education.
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Totals....................... .............. 2,445,192 2,405,891 39,301 2,134,516 271,375 [11.3% of verified].
Grand Totals............. .............. 8,061,744 7,959,705 102,099 7,053,041 906,664 [11.4% of verified].
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Sec. 668.412 [Corrected]
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5. On page 65015, in the middle column, add paragraph (h) to Sec.
668.412 to read as follows:
(h) Implementation date. Institutions must comply with the
requirements of this section beginning January 1, 2017.
Sec. 668.413 [Corrected]
0
6. In the table of contents for subpart Q, on page 65007, in the second
line in the middle column, we revise the phrase ``median earnings'' to
read ``mean and median earnings''.
0
7. Beginning in the middle column on page 65015 and ending on page
65018, in each place in which the phrase ``median earnings'' appears,
including in the heading of Sec. 668.413, revise the phrase to read
``mean and median earnings''.
0
8. On page 65015, revise the two, three-column equations in Sec.
668.413(b)(1)(i) to read as follows:
[GRAPHIC] [TIFF OMITTED] TR04DE14.000
[[Page 71959]]
[GRAPHIC] [TIFF OMITTED] TR04DE14.001
0
9. On page 65018, in the left-hand column, revise Sec. 668.413(c)(2)
by removing the phrase ``, in each case during the cohort period''.
0
10. On page 65033, in the right-hand column, add footnotes 259 and 260
to read as follows:
\259\ NCES, ``Transferability of Postsecondary Credit Following
Student Transfer or Coenrollment,'' NCES 2014-163. Available at:
http://nces.ed.gov/pubsearch/pubsinfo.asp?pubid=2014163.
\260\ NCES, ``Transferability of Postsecondary Credit Following
Student Transfer or Coenrollment,'' NCES 2014-163, table 3.
Program Authority: 20 U.S.C. 1001, 1002, 1088.
Dated: November 25, 2014.
Arne Duncan,
Secretary of Education.
[FR Doc. 2014-28284 Filed 12-3-14; 8:45 am]
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