If the bill passes, the Department of Education would supposedly no longer be able to apply the so - called
gainful employment regulation in scrutiny over these colleges.
WASHINGTON — Today, John B. King Jr., president and CEO of The Education Trust, issued this statement on the announcement that the U.S. Department of Education intends to delay the implementation
of gainful employment regulations: «Today's delay of parts of Gainful Employment will give unscrupulous career college programs...
The Association of Private Sector Colleges and Universities has filed a lawsuit to
block gainful employment regulations, citing negative impacts on access to education opportunities.
«If the Administration were serious about helping harmed students and protecting students from predatory practices, it would be implementing the borrower defense and
gainful employment regulations without delay and acting on the tens of thousands of pending loan discharge applications, not dismantling current protections and committing to follow through only on the 16,000 applications approved by the Obama Administration.
Newly appointed head of the Department of Education Betsy DeVos appears very unlikely to pursue further regulation of for - profit colleges, and I think there's a good chance that
the gainful employment regulation and the 90/10 rule are both rolled back.
The US Department of Education's decision to revisit
the gainful employment regulations that would cut off federal aid to career training programs where students take on large debts relative to their income has been generally cheered by the right and criticized by the left.
On August 17, 2017, the Department of Education announced its illegally gutting of
the gainful employment regulation by allowing all failing programs to enroll students without warning them, allowing all programs to appeal ratings based on data that may significantly overstate the actual earnings of their graduates, and giving Secretary DeVos wide discretion to change a program's rating.
its illegally gutting of
the gainful employment regulation by allowing all failing programs to enroll students without warning them, allowing all programs to appeal ratings based on data that may significantly overstate the actual earnings of their graduates, and giving Secretary DeVos wide discretion to change a program's rating.
Letter to all Members of Congress from more than 50 organizations that advocate for students, veterans, civil rights, consumers, college access and success, and college faculty and staff expressing strong opposition to any appropriations rider that would block or delay implementation of
the gainful employment regulation or other student protections from unscrupulous actors.
Letter from more than 50 organizations and advocates for students, consumers, veterans, service members, faculty and staff, civil rights and college access to Education Secretary John King thanking him for the Department's commitment to fully implement
the gainful employment regulation in 2016.
Referred to as «
gainful employment regulations» — which aim to ensure that students do not incur crippling debt without gaining career opportunities — the new policies include limiting estimated student loan payments to no more than 8 percent of earnings, more rigorous program accountability, and increased transparency regarding student outcomes.
Finally, ED will also convene a new negotiated rulemaking committee to revise
the Gainful Employment regulations.
Senator Flake and Senator McCain introduced a bill for increasing the Transparency in
Gainful Employment Regulations.
Repeal
the gainful employment regulations and prohibit the Secretary of Education from promulgating or enforcing any regulation regarding the definition or application of the term gainful employment.
The Education Department would no longer be able to enforce the «
gainful employment regulation,» which looks at the debt - to - income ratio of students post-graduation when considering how much federal student aid for - profit education institutions should receive.
Steve Gunderson, CEO and president of Career Education Colleges and Universities — a trade organization representing for - profit colleges — told the Journal, «If we can replace [
the gainful employment regulation] with a common set of outcomes for everybody, I think we're all better off.»
Joint comments submitted by more than 50 organizations in response to the Department of Education's plan to conduct negotiated rulemaking on
the gainful employment regulations finalized in October 2014 and the borrower defense to repayment and college accountability regulations finalized in November 2016.