High Praise for Stakeholders Working to Innovate Higher Education Regulations

Business Roundtable
Apr 16 · 2 min read

By Dane Linn, Vice President, Immigration, Workforce & Education, Business Roundtable

Earlier this month, a diverse group of stakeholders, including the business community, reached consensus on a wide range of issues that Business Roundtable believes will help bring more innovation to higher education.

The negotiators worked for over three months as part of the Accreditation and Innovation Negotiating Rulemaking Committee established by the Department of Education to update regulations under the Higher Education Act. We applaud their work and are ready for the next steps.

We are particularly pleased with language that will expand the types of competency-based programs that more and more students and employers view as a highly productive way to save time and money for those seeking a meaningful credential or degree.

We are also glad that under the consensus language, employers will have more opportunities to be involved in the accreditation process, which we believe could help ensure closer ties between higher education and the needs of today’s workforce.

Also earning our praise is the clarification that accreditors may have separate standards for programs designed to meet the recommendations of industry boards and employers.

The next step in the process is the issuance of a Notice of Proposed Rulemaking (NPRM), which will allow the public to comment before the regulations are finalized.

We look forward to providing our positive input when the NPRM is released and will encourage the entire business community to do so as well.

Business Roundtable

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Business Roundtable is an association of CEOs of leading U.S. companies working to promote sound public policy and a thriving U.S. economy.