When some major for-profit colleges collapsed a few years ago, the Obama administration concluded that their students were misled by unscrupulous educators, who peddled false claims and made misleading promises. As regular readers know, the Democratic administration put together several new safeguards.
The Trump administration is going out of its way to turn back the clock in ways that help for-profit colleges and hurt exploited students. The New York Times reported over the weekend:
Education Secretary Betsy DeVos formally moved Friday to scrap a regulation that would have forced for-profit colleges to prove that the students they enroll are able to attain decent-paying jobs, the most drastic in a series of policy shifts that will free the scandal-scarred, for-profit sector from safeguards put in effect during the Obama era.
In a written announcement posted on its website, the Education Department laid out its plans to eliminate the so-called gainful employment rule, which sought to hold for-profit and career college programs accountable for graduating students with poor job prospects and overwhelming debt. The Obama-era rule would have revoked federal funding and access to financial aid for poor-performing schools.
It’s surprisingly difficult to think of a defense for such a policy.
Some for-profit colleges — recipients of federal subsidies — ran into trouble for taking students’ money and teaching them little in the way of marketable skills. Students would pay for degrees, only to discover that employers had no interest in their substandard education.
The Obama administration created a fairly obvious fix: the “gainful employment rule” would require for-profit colleges to demonstrate that a reasonable number of their graduates actually benefited from getting their degree, using their education to get a decent job.
The Trump administration is creating an alternative: the Department of Education will publish some statistics online about the schools and their graduates’ employment.









