Editor’s Note: It’s not only for-profit colleges that can leave students in debt and unemployed.
From: The Hill
The Education Department has submitted to the White House highly anticipated regulations meant to crack down on colleges that saddle students with debt without preparing them for the job market.
The agency’s final “gainful employment” rule, aimed squarely at for-profit college programs seen as predatory, must undergo review within the Office of Information and Regulatory Affairs before it is formally issued. Records posted by the office Friday indicate that would happen by next month.