May 10, 2011 - Edition 603 TG
Shoptalk

Industry Update

ED clarifies effective date of new R2T4 regulations
In a recent electronic announcement, ED provided critical information in a question and answer format about the July 1, 2011, effective date for the new return of Title IV funds (R2T4) rules.

Gainful employment focus: Reporting and disclosure guidance
ED's Dear Colleague Letter (DCL) GEN-11-10 provides guidance on the gainful employment final rules. This article provides an overview of particular topics in the DCL, including reporting and disclosure requirements and the addition of new GE programs.

TG Report

Show what you know during TG's policy sessions at EASFAA conference
At this year's EASFAA Annual Conference, TG presenters will lead sessions that test the regulatory know-how of attendees. Topics include cohort default rates and graduate and professional financial aid administration.

Upcoming TG webinar offers a primer on the fundamentals of loan repayment
The "Ins and Outs of Student Loan Repayment" webinar describes the repayment options available to students as they prepare to enter the workforce.

Keeping it real: TG module teaches students how to keep spending in line with expenses
The TG Financial Literacy Program module — Monitoring Spending: Keeping It Real — emphasizes how spending plans can be better managed to stay in step with financial realities.

The "no excuses" university: Promoting a college-going culture among underrepresented students
A session from the recent TG conference spotlighted a Texas outreach program that works to build a college-going culture in the lives of first-generation, minority, and low-income students.

Didn't make it to the TG conference? Access recordings of some sessions online
If you couldn't make it to the TG Annual Training Conference, you can now do the next best thing: Review online recordings of particular sessions and download slide presentations for given workshops.

Smart Solutions
Do your graduates understand their repayment options? Make sure they do with the help of TG's online comparison of repayment plans and a complete description of deferment and forbearance.

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News Briefs

Despite the lingering effects of a recession, college graduates have a reason to be optimistic. The U.S. Labor Department reports that private firms hired aggressively in April — a sign that the economy may be on the upswing. Graduating students, including those contemplating their next move after college, might also be interested in news regarding some of the fast-growing jobs in the country. The Bureau of Labor Statistics offers an online list of 30 careers expected to expand rapidly over the next decade. Biomedical engineer tops the list, along with network systems analyst, home health aide, and financial examiner. The list offers a percentage increase, required education, and income bracket for each position.