US colleges seek extension for gainful employment report, delaying key financial aid and student outcomes data past Biden’s presidency

U.S. colleges are requesting another deadline extension for reporting student financial aid and outcome data under the gainful employment rule. This delay would postpone enforcement of regulations meant to hold career education programs accountable. The impending Trump administration’s potential dismantling of the Department of Education adds further uncertainty, raising concerns about the rule’s future and federal oversight of higher education.