“Sector Under Siege?”,
An article with that title was published on the website Inside Higher Education. In their opinion the gainful employment rule is expected to be excluded from next week’s education proposal. The article outlines that the Office of Management and Budget included a note in the Federal Register concluding that the DOE’s proposed program integrity rules could have [...]
Gainful employment, what it can mean to forprofit schools
During long winded negotiated rulemaking for Higher Education, the US DOE proposed defining gainful employment by establishing a 8% debt to income threshold (debt to income is also commonly used for mortgage limits) based on median student debt for recent college graduates with income based either on Bureau of Labor Statistics 25th percentile wage data [...]
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