McClintock Minute

The Department of Education’s new Financial Value Transparency and Gainful Employment (FVT/GE) regulations represent the next major accountability milestone for Title IV institutions. Following the October 1, 2025 reporting deadline, many schools are still working through data validation and error resolution in the National Student Loan Data System (NSLDS)—a process...

The Department of Education’s Reimagining and Improving Student Education (RISE) Committee has concluded the first round of negotiated rulemaking under the One Big Beautiful Bill (OB3) statute. Despite a partial federal government shutdown during the session, the Department had planned in advance to keep key Federal Student Aid staff working...

(Originally Posted August 20, 2025 and Updated September 15, 2025) Over the past few months, the Department of Education has significantly increased its fraud prevention measures in the federal student aid process. As a result, schools are seeing a noticeably higher number of ISIRs flagged for verification—particularly V4 and V5—sometimes even...

While much of the higher education sector’s attention is understandably focused on the sweeping changes of the “One Big Beautiful Bill Act,” it’s important not to lose sight of other regulatory updates and approaching deadlines that also demand attention. The Department of Education’s (ED) Federal Update session on June 26,...

As the dust begins to settle around the Reconciliation Bill (“Big Beautiful Bill”), institutions are working diligently to translate sweeping legislative language into practical, operational plans. Part 1 of our article outlined the major changes that institutions must plan for by July 2026 (See our initial analysis in Part 1). In...