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Biden administration gutting online education with new ‘harmful’ guidance, warn experts, lawmakers
The Biden administration will now be able to crack down on private companies that contract with colleges and universities to help the schools run their online education programs, raising alarm bells among experts and lawmakers who warned the federal government could stifle remote learning for students. The Education Department issued guidance last month saying online program managers (OPMs), which are outside contractors that recruit students for and operate schools’ online academic programs, are officially considered third-party servicers, or entities involved with the administration of “any aspect” of an institution’s federal student financial aid. As a result, these companies can be subjected to stricter federal oversight in a manner that, critics…
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Treasury’s EV tax credit guidance delayed until March
WASHINGTON — The U.S. Treasury Office on Monday explained it will situation proposed assistance for the essential mineral and battery ingredient needs in March, successfully delaying all those eligibility limits in the $7,500 tax credit for new electric cars. Below the not long ago signed Inflation Reduction Act, the section was required to issue proposed guidance by Dec. 31 that will even further outline how to meet the revamped EV tax credit’s eligibility principles, which are designed to incentivize domestic EV generation, cut down reliance on overseas provide chains and prevent wealthy buyers from receiving a price reduction. As an alternative, Treasury explained it will launch information and facts right…
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