The "gainful employment" seesaw continues to bounce up and down

= Premium Content

* Log In |
* Create a Free Account |
* Subscribe Now

The Chronicle of Higher Education

* Thursday, June 2, 2011

Subscribe Today
Subscribe Here

* Home
* News
* Opinion & Ideas
* Facts & Figures
* Topics
* Jobs
* Advice
* Forums
* Events

* Faculty
* Administration
* Technology
* Community Colleges
* Global
* Special Reports
* People
* The Ticker
* Current Issue
* Archives

Government

* Home
* News
* Administration
* Government

Click here to find out more!
search

* E-mail
* Print
* Comments (3)
* Share
*

June 2, 2011
For-Profit Colleges Win Major Concessions in Final 'Gainful Employment' Rule

By Kelly Field

Washington

For-profit colleges, which have spent millions fighting the Education Department's proposed "gainful employment" regulations, have won some major concessions in the final rule, due out today.

Under the rule, vocational programs whose students have the highest debt burdens and lowest loan-repayment rates will become ineligible to receive federal student aid.

The changes, which give colleges more time and ways to meet the rule's benchmarks, are expected to significantly reduce the number of programs that would be penalized by the department.

More:http://chronicle.com/article/For-Profit-Colleges-Win-Major/127744/?sid=at&utm_source=at&utm_medium=en