Students and vets are lobbying for tougher "gainful employment" regs

A shop window advertising payday loans. (Photo credit: Wikipedia)

http://chronicle.com/blogs/bottomline/advocates-for-a-tougher-gainful-employment-rule-step-into-the-fray/?cid=at&utm_source=at&utm_medium=en

Tough standards, especially for the for-profit (aka "for government loans") sector are essential to end the scam of:
-recruit vets and other students
-charge them a bundle
- help them get federal loans
- let them flunk out and default
-pay yourself a big bonus and your shareholders a nice dividend compliments of Uncle Sam and the American taxpayer.

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