The AAMC joined a Jan. 29 letter urging the Department of Education to delay Financial Value Transparency (FVT)/Gainful Employment (GE) data reporting deadlines to July. Reporting deadlines were previously scheduled for Jan. 15 but have since been delayed to February.
This letter detailed how both the department and institutions will need additional time to adapt to these regulations. “While we are asking for a delay until at least July 2025, we understand that you will need time to staff up, assess what has taken place, and finalize your approach towards FVT and GE. Time beyond July 2025 may well be needed in order to operationally process the data reporting and we welcome continued conversation with you on this matter.”
The AAMC has gone on record detailing issues institutions will face if they are not given adequate time to adjust to the data reporting requirements of these regulations [refer to Washington Highlights, Nov. 14, 2024]