Adjusting Expectations: U.S. Department of Education Requirements for Changes of Ownership
This panel has learned from experience that the U.S. Department of Education has recently adjusted their expectations related to state and accreditor documentation for schools going through a change in ownership. We will discuss those changes and how states, accreditors, and the schools themselves can work together to successfully navigate the new challenges. Even if institutions maintain good standing with the states, the Department may reject what is provided. We will talk about challenges related to timing and resources and provide insight and suggestions for best practices.
Presenters:
Katie Wendel, Thompson Coburn LLP
Hope Watson, Thompson Coburn LLP
Kevin LaMountain, Executive Director, Arizona State Board for Private Postsecondary Education