Gainful employment change could harm for-profits

From Inside Higher Ed: “Under the Biden administration’s proposed gainful-employment rule, 40 percent of programs at for-profit colleges would fail, potentially risking their ability to qualify for federal student aid … ‘The basic economics of a college education, even if a student does not complete it, is supposed to be associated with higher earnings than if that student had not attended college at all,’ said Marshall Anthony, research director at TICAS. ‘Failing GE programs, especially the disproportionately substantial share of failing GE programs at for-profits, are in fact not ensuring students an adequate return on their education.’”

View the full article from Inside Higher Ed.

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