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Additional Coverage of TPS Story
People are catching on to the importance of this story
Hello and Welcome to On EdTech Plus!
How is the On EdTech early rollout going? luckily the process seems to be going well. We had one hiccup yesterday when the PhilOnEdTech site went down due to a faulty plugin, but thanks to alert readers the problem was resolved quickly. We have also had some good feedback, which is always welcome.
On with the update.
Additional Coverage
It has now been a full week since the US Department of Education (ED) released the notice of a review of the bundled services exception that has underpinned tuition revenue sharing agreements since 2011 as well as a vast expansion of companies considered third-party servicers (TPS) through a new Dear Colleague Letter. If you haven’t read my initial analysis, this is a good starting point:
Initially all news media - both trade publications and national media - focused on the OPM rev share angle, which I consider to be the smaller story. Now we are starting to get some useful additional coverage that is worth sharing and summarizing. The following is presented chronologically.