The 'gainful employment' rule, rescinded under Trump, targets for-profit and certificate programs whose graduates leave with low-paying jobs and high debt.
New rule will cut federal money to college programs that leave grads with high debt, low pay apnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from apnews.com Daily Mail and Mail on Sunday newspapers.
The 'gainful employment' rule, rescinded under Trump, targets for-profit and certificate programs whose graduates leave with low-paying jobs and high debt.
College programs that consistently leave graduates with low pay or unaffordable loans will lose access to federal money under a new rule being finalized by the Biden administration. The policy applies mostly to for-profit colleges, along with certificate programs at traditional universities. The Education Department says it's a step toward accountability for America's higher education system.