Is Restructuring Of Schools The Answer To Gainful Employment Rules?

Career College Central summary:

  • Problems with career colleges are receiving a great deal of attention in education news, and most of the conversation revolves around increasingly modest federal "gainful employment" rules that judge college programs based on their graduates’ debt levels.
  • The Association of Private Sector Colleges and Universities is aggressively lobbying lawmakers to further weaken the standards to protect continued federal student-aid payments to member institutions of the trade group.
  • Much of the criticism of for-profit universities can be traced to a simple conflict between priorities in American education and corporate governance in the United States. Corporate boards are primarily beholden to shareholders, who ultimately decide how a corporation behaves, and this almost exclusively results in attempts to maximize short-term profits.

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