The U.S. Department of Education failed to reach agreement this week with key higher education representatives on the Biden administration's proposals for several new regulations, including those that would heavily affect the for-profit sector and monitoring of colleges' financial health.The agency discussed seven regulatory proposals with the groups but only reached consensus on new 90/10 and ability to benefit rules, which both govern federal financial aid. Because the Ed Department reached consensus on a 90/10 rule, it is bound — with few exceptions — to use the agreed-upon language for that regulatory proposal. For those that didn't obtain consensus, the agency has broad power to keep or alter the language it put forth during negotiated rulemaking when it formally proposes new regulations.
