Not Really Friday Odds and Ends
Updates on regulations, enrollment vs finance crisis, and generative AI resources
Was this forwarded to you by a friend? Sign up, and get your own copy of the news that matters sent to your inbox every week. Sign up for the On EdTech newsletter. Interested in additional analysis? Try with our 30-day free trial and Upgrade to the On EdTech+ newsletter.
Welcome to the new week. Morgan and I are working to establish a more consistent newsletter schedule, but in the meantime I’ll share some various updates on topics of interest even though it is not Friday.
Regulation Timing Unknown
In late July I shared an update on the timing of revised third-party servier (TPS) guidance.
We are past early September and that guidance has not been released. I strongly suspect that we’re seeing the problem that several members of the Arnold Ventures-funded coalition pointed out, that by continuing its quest towards mass forgiveness of student loans despite the Supreme Court ruling, the US Department of Education (ED) is biting off much more than it can chew. In this update I shared the admonition from Arnold Ventures’ president and CEO Kelli Rhee [emphasis added]:
See the second half of that post for more of an explanation on the impacts of the student debt relief work by ED. It takes staff hours - a lot of them - for ED to revise regulations and guidance while also preparing for the resumption of lawsuits. Hours that now are harder to allocate.
We don’t know when the renewed TPS guidance (or a decision on the OPM-related bundled services exception guidance) will be released, but we’ll keep watching.
Fall 2023 More of a Financial Than Enrollment Crisis
I have described an enrollment-driven financial crisis that is becoming the primary issue of concern to US postsecondary leaders.
Enrollment declines are one of the factors affecting institutional finances, and the two topics are closely linked but not completely. We should find out with the expected October release from the National Student Clearinghouse (NSC) enrollment estimates, but it’s looking like the short term (read that as Fall 2023 through Spring 2024) may show a temporary split, with neutral or positive enrollment gains but deepening financial losses.
Beyond the Community College anecdotes of positive enrollment news, there is the new Inside Higher Ed survey of Admissions Officers released today. In that survey, 56% reported that their institution had not met enrollment goals by May 1st (with that total dropping to roughly 50% by July 1st)
Subscribe to On EdTech+ to read the rest.
Become a paying subscriber of On EdTech+ to get access to this post and other subscriber-only content.
Already a paying subscriber? Sign In