EDFinal Rule
Adjustment of Civil Monetary Penalties for Inflation
EducationFinance & Banking
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Summary
The Department of Education is updating the dollar amounts of fines it can impose for violations of federal education rules to keep pace with inflation. This means penalties for breaking education laws will increase to reflect changes in the cost of living since the last adjustment.
Key Points
- 1The Education Department is raising the maximum fines it can impose when schools, colleges, or education companies break federal rules
- 2These penalty increases are tied to inflation, meaning the fines go up by the same percentage that prices have risen in the overall economy
- 3Schools and educational institutions that violate federal education laws may now face higher financial penalties than before
- 4This adjustment helps ensure that penalties remain meaningful and effective as a deterrent, rather than becoming less significant over time due to inflation
- 5The new penalty amounts went into effect on January 21, 2025
Key Dates
Published
January 21, 2025
This summary is for informational purposes only. It may not capture all nuances of the regulation. Always refer to the official text for authoritative information.
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