Trump Administration Unveils Plan to Overhaul “Gainful Employment” Education Rule

(From The Washington Examiner)

The Trump administration has released a proposal to gut an Obama-era rule that punished colleges for career programs that caused students to amass too much debt.

The Obama administration put the rule, known as “gainful employment,” in place in 2014 as part of a crackdown on for-profit schools, on the basis that the government needed to protect students from expensive career programs that don’t make them more attractive to employers and that don’t result in decent salaries. Students had complained about chains such as ITT Tech and Corinthian Colleges, which they said defrauded them and left them with degrees that were worthless to their job prospects.

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