In mid September, the Congressional duo of George Miller and John Tierney joined their Senate colleagues Tom Harkin and Dick Durbin and the Department of Education in what might be described as the ongoing Beltway Witch Trials, where the alleged witches are the colleges that are legally organized on a profit-making basis. Messrs. Miller and […]
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Today the Obama Administration unveiled its long-anticipated and highly controversial final gainful employment (GE) regulation that ties program eligibility for federal student aid to new metrics that are based on student loan repayment rates. Under the new GE rule, a vocational program can qualify as leading to gainful employment and remain eligible for federal aid […]
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In a recent article for Career College Central, I discuss the negative implications of the Department of Education’s (ED) proposal to alter the gainful employment rule to restrict the amount of money that a student could borrow by program of study and expected entry level occupational earnings. I identified three major flaws with the proposal. […]
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By Daniel Bennett Thousands of students on more than a hundred college campuses joined together symbolically yesterday to protest sharp tuition hikes. The students pointed the finger at hard-pressed state and local governments. That was a mistake. State and local subsidies to public colleges and universities increased by 44% in real (inflation-adjusted) dollars during the […]
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