The so-called Gainful Employment rule is supposed to solve the problem (as seen by Department of Education officials) that some colleges have “bad” outcomes — low graduation rates and poor ratios of earnings to debt for students. It recently cleared a legal challenge and is now in effect.
In today’s Pope Center piece, Marc Jerome, who works for a private, for-profit school in New York that mostly serves the minority population, takes a look at the problems with the rule. He argues that it is unfair (especially since it applies only to for-profit institutions) and will probably lead to the closure of some schools that look bad under the metrics of the rule but actually have solid educational programs.
It’s quite revealing about the statist mindset of the Obama Education Department that they have turned a blind eye to the non-profits while they’re obviously eager to punish or eliminate for-profit schools.






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