Gainful Employment

Career College Central summary:

  • Three Congressional lawmakers are pushing for a new federal committee that would coordinate the government’s oversight of career colleges. Senators Dick Durbin of Illinois and Tom Harkin of Iowa, both Democrats, plan to introduce legislation Thursday that would create a committee comprising representatives from nine federal agencies that oversee for-profit colleges.
  • The committee would be tasked with improving the coordination...

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-...

Career College Central summary:

  • As the White House forges ahead with its controversial "gainful employment" rule, the nation’s only for-profit medical school is waging a lonely fight for an exemption from the measure.
  • Officials at Rocky Vista University worry that the proposed rule, which would cut off federal aid to programs whose graduates struggle to repay their debt, will force the college to abandon its mission of producing primary-care...

Career College Central summary:

  • A newly released study found that four states would need to spend $8.4 billion over five years to educate the 1.4 million students who attend career colleges in those states.
  • The report, which was prepared by the Nexus Research and Policy Center, calculated that number by looking at state and local expenditures necessary to serve those 1.4 million students in public institutions.
  • Nexus is funded by the Apollo Group,...

Career College Central summary:

  • The Obama administration took new steps last week to hold "for-profit" colleges and other career-training programs accountable for producing graduates who can earn enough money to pay back student loans. The proposed “gainful employment” regulations would take away a program’s eligibility for federal student aid if too many of its students defaulted on student loans or had debts too high relative to earnings.
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