The Impact of Gainful Employment Regulations.

UNITED States. Dept. of Education; FOR-profit universities & colleges; FEDERAL aid to education; STUDENT loans; EDUCATIONAL law & legislation; HIGHER education; COLLEGE students; EDUCATIONAL programs

The article focuses on the impact of the gainful employment rules, which was issued by the U.S. Department of Education to control the growth of the for-profit sector of higher education in the U.S. and to prevent its covered abuses to students. It states that the regulations will use a two-part test, with corresponding categories, that will determine if the for-profit institutions has violated the rules. It says that the regulations will cut federal aid and loan programs to those institutions which will fall to the test's ineligible category. It mentions that those calleges that fall to restricted category will have a three penalties. It adds that the rules will cause churn among students in the institutions' affected programs.