“For-Profits Step Up Gainful Criticism”
“Representatives of for-profit colleges stepped up their criticism
Monday of the Education Department’s efforts to rewrite the “gainful
employment” rules that would apply to their institutions and vocational
programs at community colleges”.
“As a federally appointed panel kicked off a second round of
negotiations over the regulations, the for-profit-college members of the
committee lamented a lack of information and questioned the department’s
rationale for putting forth a stricter, more sweeping proposal than the
department originally suggested in its first draft”.
“The department is now proposing standards that include a
debt-to-income measure, a program-level cohort default rate, and a loan
repayment rate. With that more
aggressive proposal on the table, the negotiators Monday appeared even
further apart than they did during the first
round of discussions”.
Read the rest here: http://www.insidehighered.com/news/2013/11/19/profit-colleges-step-criticism-gainful-employment-regulations-negotiations-continue
So it continues…
Dr Flavius A B Akerele III
The ETeam
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