Gainful Employment Negotiated Rulemaking Informational Data Analysis

2013 Draft Regulation & 2011 Final Rule (without repayment rate)

*Borrower counts in chart include only the students used in the calculations and not total students in programs.  

**Median debt for DTE calculations is not capped at tuition and fees under the draft regulatory language; however, the analysis above is based on calculations that include such a cap.  The tuition cap applied to about 15-17% of records used in the calculation of median debt.

Draft for discussion purposes

8.29.13

1

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Gainful Employment Negotiated Rulemaking Informational Data Analysis

Variations of 2013 Draft Regulation

*Borrower counts in chart include only the students used in the calculations and not total students in programs.  

**Median debt for DTE calculations is not capped at tuition and fees under the draft regulatory language; however, the analysis above is based on calculations that include such a cap.  The tuition cap applied to about 15-17% of records used in the calculation of median debt.

Draft for discussion purposes

8.29.13

2
|                                                                                                                               | *Based on Title IV aided students who completed a GE program between October 1, 2007 through September 30, 2009 and whose mean and median earnings by program were retrieved from the SSA for the 2011 calendar year |
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| 2013 Draft Regulation**metrics: annual DTE, discretionary DTEmin program size: 10amortization: 10yr for all credential levels | Variation 1**metrics: annual DTE, discretionary DTEmin program size: 30amortization: 10yr for all credential levels                                                                                                  | Variation 2**metrics: annual DTE, discretionary DTEmin program size: 10amortization: 10/15/20yrs depending on credential | Variation 3** metrics: annual DTE, discretionary DTEmin program size: 30amortization: 10/15/20yrs depending on credential |
| Total Programs                                                                                                                | 11,359(921,917 borrowers)                                                                                                                                                                                            | 5,632(823,012 borrowers) | 11,359(921,917 borrowers) | 5,632(823,012 borrowers) |
| Passing                                                                                                                       | aDTE ≤ 8% OR dDTE ≤ 20%                                                                                                                                                                                              | 8,975(79% of programs)(683,445 borrowers) | 4,117(73% of programs)(600,210 borrowers) | 9,051(80% of programs)(691,974 borrowers) | 4,158(73% of programs)(608,088 borrowers) |
| Zone                                                                                                                          | Not passing &8% < aDTE ≤ 12% OR 20% < dDTE ≤ 30%                                                                                                                                                           | 1,410(12% of programs)(150,834 borrowers) | 925(17% of programs)(141,863 borrowers) | 1,406(12% of programs)(149,894 borrowers) | 930(17% of programs)(141,116 borrowers) |
| Failing                                                                                                                       | aDTE>12% & dDTE>30%                                                                                                                                                                                        | 974(9% of programs)(87,638 borrowers) | 590(10% of programs)(80,939 borrowers) | 902(8% of programs)(80,049 borrowers) | 544(10% of programs)(73,808 borrowers) |

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