Monday, October 31, 2011
At its October 1, 2011 meeting, the Council of the Section considered and approved the following proposed revisions to the ABA Standards and Rules of Procedure for Approval of Law Schools for Notice and Comment:
New Interpretation 510-2 [For law schools not affiliated with a university, the school’s student loan cohort default rate shall be sufficient ... if it is not greater than 10% for any of the three most recently published annual cohort default rates.]
Proposed Revisions to Rule 5(a), Rule 22 [Teach-out Plan and Law School Closure]
A hearing on these proposed changes is scheduled for 3-4 p.m. on November 17, 2011 at the ABA, 321 N. Clark Street, Chicago, IL 60654. Please address written comments and requests to speak to Becky Stretch, Assistant Consultant, at the above address or at Becky.Stretch@americanbar.org.
Comments and requests should be submitted no later than November 15, 2011.
We expect that final Council action on these matters will occur at the Council meeting scheduled for December 2-3, 2011.