The serious consequences of Devos’ about-face on for-profit colleges

Discussion in 'General Distance Learning Discussions' started by Lerner, May 21, 2018.

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  1. Lerner

    Lerner Well-Known Member

    https://www.yahoo.com/news/m/57604b7d-7d10-3221-9b53-f0faaa6d598f/ss_the-serious-consequences-of.html

    "The Education Department, under Betsy DeVos, halted the gainful employment regulation and proposed a new rule in its stead that would eliminate any sanctions — that is, institutions would no longer lose access to federal aid if the employment rates and salaries of graduates fall below the federal threshold. The Department also suspended the borrower defense rule. And, according to The New York Times, the department has sharply cut back the staff and mission of the enforcement unit. It now consists of only three people and is focusing on student-loan forgiveness rather than investigating the practices of for-profit institutions.

    Liz Hill, a spokeswoman for DeVos, told the Times that oversight of the sector will go on. “Conducting investigations is but one way the investigations team contributes to the department’s broad effort to provide oversight,” she said."
     
  2. Kizmet

    Kizmet Moderator

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