[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 
Internet access to the official edition of the Federal Register and the 
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 
as all other documents of this Department published in the Federal 
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you must have Adobe Acrobat Reader, which is available free at the 
site.
    You may also access documents of the Department published in the 
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by the Department.

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: 
gainfulemploymentregulations@ed.gov.
    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:

--------------------------------------------------------------------------------------------------------------------------------------------------------
                                   Date  received  Number ED sent    Number SSA    Number SSA did    Number with
                                       from SSA        to SSA         verified       not verify       earnings           Number with zero  earnings
--------------------------------------------------------------------------------------------------------------------------------------------------------
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.
                                  ----------------------------------------------------------------------------------------------------------------------
    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.
                                  ----------------------------------------------------------------------------------------------------------------------
    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].
--------------------------------------------------------------------------------------------------------------------------------------------------------

Sec.  668.412  [Corrected]

0
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]
BILLING CODE 4000-01-P