We also learned today that DOE has launched a new enforcement unit which will closely monitor financial accountability among US colleges who are benefited from the federal government funding programs in Higher Ed. This development will increase the pressures for college decision makers to ensure that both academic and financial accountability are in-check. The Association has, in the past suggested that the US needs such an accountability for making sure Pareto Optimality, or at least Pareto Improvement is achieved in the industry. Financial burdens caused by operational inefficiency will only make the country, the tax payers,the student borrowers and their family to be worse-off. Therefore, the BAU ways to conduct business in the industry are slowly, but surely dying. In contrast, the new paradigms which the Association has proposed and written in its Blog few years ago will surely be one of the best alternatives to overcome such challenges. This new ruling will not in anyway weaken the US Higher Ed, rather to make it better in the long-run.  However, Colleges have to make strategic decisions to move forward, and not backward.  Given these new developments, the Association will share its expertise to colleges who need it. Do not wait any longer, just contact us.