WASHINGTON, DC – June 1, 2011 – The Association of Private Sector Colleges and Universities issued the following statement in response to the Department of Education’s release of the gainful employment rule:
We remain very concerned that the gainful employment regulation, while reflecting the fact that the Department has listened to the sector and made changes to its initial proposal, is still using the same ill-advised metric approach to this matter and is clearly outside of its statutory authority. Notwithstanding the changes, the real question is how the regulation will impact students, particularly non-traditional students served by our institutions. We will not know the answer to that until we have had the opportunity to run an independent analysis of the Department’s metric. Our concern is that the regulation will still penalize programs with great outcomes while allowing under-performing programs to continue. We need to trust but verify the impact of the new regulation. The APSCU Board will review the regulation’s impact on students carefully before deciding its next steps.
http://www.career.org/iMISPublic/AM/Template.cfm?Section=Home&TEMPLATE=/CM/ContentDisplay.cfm&CONTENTID=23605
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