Sentences with phrase «gainful employment rule»

09/01/2010: LULAC sends letter to Secretary Arne Duncan regarding proposed gainful employment rule.

The list could go on, as these are simply highlights of the ways that the borrower defense and gainful employment rules protect students and other taxpayers.

While the current leadership of the Department of Education appears to back relaxing or even repealing the gainful employment rule, other groups are strong advocates of this regulation.

She would continue to enforce the gainful employment rule, which judges for - profit colleges and vocational programs based on their graduates» debt and incomes after graduation.

Representatives of for - profits schools — whose stocks have been battered in recent months — argued in hearings at the U.S. Department of Education last week that enforcing a gainful employment rule would unfairly limit choices for students.

The gainful employment rule [which seeks to regulate for - profit colleges» access to federal student aid] may turn into a disclosure rule [requiring all colleges to report their student loan default rates].

The «gainful employment rule,» as it is called, aims to hold postsecondary schools accountable for the quality of the education they offer.

The gainful employment rule takes into account this ratio among graduates from schools to determine if a school is eligible for financial aid.

Under the PROPSER Act, the Gainful Employment Rule is eliminated.

Negotiated rulemaking sessions on borrower defense and the gainful employment rule began in November / December 2017.

It's his administration that has enforced the gainful employment rule that allows colleges to be judged based on how much debt their graduates have compared to how much they're earning.

One of the best outcomes from the gainful employment rule is that schools have to be transparent about how much their graduates are paying in student loans compared to how much they're earning.

The implementation of the gainful employment rule appears to be weeding out the for - profit schools that can not produce programs that will help graduates find good work.

The gainful employment rule is a regulation designed to prevent students from taking on excessive student loan debt at programs that are not likely to lead to success.

While the current leadership of the Department of Education appears to back relaxing or even repealing the gainful employment rule, other groups are strong advocates of this regulation.

In addition to keeping the gainful employment rule intact, the attorney generals want to maintain strict oversight over for - profit school accreditors that provide quality assurances.

Defrauded veterans not only deserve the loan forgiveness they are entitled to under Borrower Defense but also the protections provided by the Gainful Employment rule, which the Department also announced it planned to renegotiate.

«The premises of the Gainful Employment Rule and the Borrower Defense to Repayment Rule are simple: 1) career training programs should provide sufficient education to enable graduates to obtain jobs and actually pay off their debt without a significant financial hardship and 2) students defrauded by their schools should be able to have their loans discharged.

Today, the U.S. Department of Education announced steps to change two important higher education regulations — a delay of borrower defense and a renegotiation of the gainful employment rule — and to conduct a new regulatory process to rewrite these rules.

In February 2017, sixteen veterans and military service organizations wrote to Congress urging that the Gainful Employment rule but fully implemented as written.

Unfortunately, the Department has not only delayed implementation of the bulk of the borrower defense and gainful employment rules, but has also announced that it intends to rewrite both sets of rules.

The borrower defense rules, finalized in fall 2016, and the gainful employment rules, finalized in fall 2014, explain the standards that schools must meet in order to continue to receive federal aid dollars, and the process by which students can vindicate their right to discharge their loans due to their school's misconduct.

At any rate, the CFPB helped roll out protections for these affected borrowers such as the gainful employment rule, a policy that holds for - profit colleges accountable for their education standards.