THE HILL: Public interest groups defend college regs

Career College Central Summary:

  • Public interest groups are defending a controversial rule that would penalize colleges and universities that do not prepare their students to find good-paying jobs after graduation.
  • The Department of Education issued so-called “gainful employment” regulations last October to ensure colleges do not unfairly bury students in debt to obtain inadequate degrees.
  • The Education Department would measure the quality of a private school education by monitoring graduation rates, how much money former students earn, and how much debt they leave with.
  • The schools would be required to prove their students make enough money to afford their student loan payments.
  • Private schools are challenging the rule in federal court, but 28 public interested groups told the court  the rule should be preserved.

Click through to read the full article.


Leave a Reply

Be the First to Comment!

Notify of