{"id":2057529,"date":"2023-10-06T05:15:07","date_gmt":"2023-10-06T09:15:07","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/department-of-education-rule-threatens-viability-of-for-profit-colleges\/"},"modified":"2023-10-06T05:19:45","modified_gmt":"2023-10-06T09:19:45","slug":"department-of-education-rule-threatens-viability-of-for-profit-colleges","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/department-of-education-rule-threatens-viability-of-for-profit-colleges\/","title":{"rendered":"For-profit colleges face viability threat due to Education Department rule."},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"float:left\"><div class=\"counts mashsbcount\">20<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fdepartment-of-education-rule-threatens-viability-of-for-profit-colleges%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=2057529&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><h2>The United States Department of Education\u200b Implements New Regulation with Potential\u2062 Catastrophic Effects on For-Profit Career\u200d Colleges<\/h2>\n<p>The United\u2064 States Department of Education\u2063 recently\u200d finalized a new regulation \u200dthat critics argue could have dire\u2063 consequences for the <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/republicans-go-to-war-against-joe-bidens-450k-payouts-to-border-crossers-civilizational-homicide\/\" title=\"Republicans Go to War Against Joe Biden's 0K Payouts to Border Crossers: 'Civilizational Homicide'\">long-term viability<\/a> of for-profit career colleges. This regulation, known \u2064as the \u200d&#8221;gainful employment&#8221; rule, was swiftly approved less than five\u200c months after its proposal in May. Its main requirement \u2063is that for-profit and\u200c career colleges must demonstrate that their graduates earn enough money to make student loan\u200b payments and surpass the income of individuals without a college degree.<\/p>\n<h3>The Real Cost\u200c of Biden&#8217;s $127\u2062 Billion Student Loan Giveaway<\/h3>\n<p>Under this regulation, graduates \u200bof for-profit institutions \u200bmust ensure that their debt payments do not exceed 20% of their\u2063 discretionary income. Additionally, at least half of an\u200b institution&#8217;s\u200b graduates in a specific\u2062 program must earn more \u200bmoney than a &#8220;typical high school\u200c graduate&#8221; who did not\u2064 attend college. Failure to meet these metrics will result in the prohibition of \u2062participation\u2063 in the federal\u2063 student aid system.<\/p>\n<p>The Biden administration\u200c asserts that these new \u2062regulations, building \u200dupon a similar\u2064 rule implemented during the Obama administration, will protect students from overwhelming\u2063 debt caused by education programs that do not\u2062 lead to viable\u200c job opportunities. James Kvaal, the Under Secretary of Education, emphasized the importance of these rules in preventing\u200c students from being burdened\u2064 with unaffordable debt and ensuring they\u200c have access to relevant information for\u200b <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/breaking-indiana-ag-launches-investigation-into-5-big-tech-companies-for-censoring-conservative-content\/\" title=\"BREAKING: Indiana AG Launches Investigation Into 5 Big Tech Companies For \u2018Censoring Conservative Content\u2019\">making informed choices<\/a>.<\/p>\n<p>However, opponents of the rule argue that it could severely impact for-profit colleges that offer career training programs to a significant \u200bportion\u200d of the population. Some\u200d even suggest that the Biden administration is intentionally targeting these institutions. Bob\u200b Carey,\u200c director \u200dof the National Defense Committee, \u2064claims that the regulation fails to assist veterans who \u200drely on career colleges and instead aims to \u200csupport traditional higher education institutions.<\/p>\n<p>Gerard Scimeca, chairman and co-founder of Consumer Action\u200c for a Strong \u200bEconomy, warns that the regulation\u200c will inevitably lead to the closure of numerous colleges. He believes that the rule will limit options for \u2063students seeking skills training at career \u200dcolleges and technical schools. Scimeca criticizes the \u200dDepartment \u2063of Education for punishing students who choose\u200b for-profit colleges or vocational training.<\/p>\n<p>Jed Brinton, senior\u2064 vice president and general counsel\u200c for Career Education Colleges and\u2064 Universities, expressed \u2062surprise at \u200bthe \u200bspeed with which the regulation was \u200cfinalized \u2064after its\u2063 introduction in May. Brinton\u2064 highlights that the \u200cdepartment shortened the public comment period from 60 days to 30 days, contributing\u200d to the accelerated \u200dtimeline. However, he still finds the rapid process\u200c unusual.<\/p>\n<p>Brinton\u2062 raises \u2064concerns about \u2062how the administration perceives for-profit colleges compared to traditional non-profit schools. \u2064He argues that an &#8220;across the board approach&#8221; should \u200cbe adopted, affecting both for-profit and \u200cnon-profit colleges equally, if the primary concern is\u200c quality. Brinton, \u2062who previously worked at the Department of Education during the Trump administration, fears that\u2064 the rule may force the closure of effective career programs that do not meet the department&#8217;s standards.<\/p>\n<p>A \u200dspokesperson for \u200cthe Department of Education declined to provide further comment beyond \u2063what \u2063was stated in\u2064 the agency&#8217;s press release.<\/p>\n<p><strong>Click here to\u2062 read more from the Washington Examiner.<\/strong><\/p>\n<p> <\/p>\n<h2> \u2063 Why does \u200dthe <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/department-of-education-rule-threatens-viability-of-for-profit-colleges\/\" title=\"For-profit colleges face viability threat due to Education Department rule.\">gainful employment rule unfairly target<\/a> for-profit institutions and ignore\u200c similar issues within other sectors of \u200bhigher education?<\/h2>\n<p><span>  It \u200dcareer colleges, potentially leading\u2064 to\u200d catastrophic effects on their operations. The regulation&#8217;s focus on income \u200cas a measure of success fails to take\u2063 into account the unique\u2062 circumstances and goals of students attending \u2064for-profit career colleges. \u2064These\u200c institutions often serve non-traditional students, including those who \u200care working full-time or have \u2062other responsibilities that limit their ability to pursue \u2062education on a full-time basis. Success for these students may not solely\u2063 be defined by income level\u200d but by\u2062 other factors such as skill acquisition, career advancement, or job placement in their desired field.<\/p>\n<p>Critics also argue that\u2064 the gainful \u200demployment\u2063 rule unfairly targets for-profit institutions \u2063while ignoring similar issues within other sectors of higher education. Private nonprofit and public \u2064institutions could potentially have similar struggles\u200d with graduate employment\u2062 rates and debt burdens, yet they\u200d are not subject\u2062 to \u2064the same level of scrutiny and restrictions. By singling out \u200cfor-profit career colleges, the regulation creates an uneven playing field and \u2062perpetuates a \u200dnegative perception of these institutions, despite their contributions\u2064 to the education landscape \u2063and their ability to provide training and career opportunities to a diverse student population.<\/p>\n<p>Furthermore, the gainful employment rule fails to recognize the progress and improvements made by\u2063 for-profit career colleges in recent years. Many of these institutions \u2062have taken steps\u200d to increase transparency, improve graduation rates, and \u200cenhance job placement services \u2063for their students.\u2062 By implementing this regulation, the Department\u200b of Education risks stalling the\u200b progress that has been made and\u2063 stifling innovation within the for-profit\u200b sector.<\/p>\n<p>The potential catastrophic\u2064 effects of this \u200cregulation \u200don \u200bfor-profit career colleges cannot be underestimated. If institutions are unable to meet the stringent requirements of \u2064the gainful employment\u2062 rule, they will lose access \u200dto \u2063<a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/new-biden-immigration-orders-seek-to-reverse-trumps-policies-streamline-naturalization-process\/\" title=\"New Biden Immigration Orders Seek To Reverse Trump\u2019s Policies, Streamline Naturalization Process\">federal student aid<\/a>, a crucial\u200d source of\u200b funding for many students. This loss of funding\u200b could\u2062 force these colleges to scale back their operations, limit program offerings, or even shut down entirely. The ripple effects would \u200cbe felt not only by the institutions themselves but by the students who rely \u200con them for\u200c educational opportunities and the communities that benefit from the jobs and economic impact these institutions generate.<\/p>\n<p>In conclusion, \u2064while the intention of the gainful employment rule may be to protect students from excessive debt, its implementation without considering the unique circumstances and goals of for-profit career college \u2063students could have catastrophic effects on these\u2062 institutions. Rather than\u200b imposing one-size-fits-all metrics for \u2063success, a more nuanced \u2062approach is needed that takes into account the diverse student population \u2064and the \u200cdifferent ways in which success can be achieved. By working collaboratively with for-profit career \u200ccolleges, the Department of Education can promote responsible practices while allowing these institutions to continue their\u2062 valuable contributions to\u2062 the \u200beducation landscape.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The US Department of Education recently approved a regulation that critics argue may severely impact the future of for-profit career colleges. Known as the &#8220;gainful employment&#8221; rule, it was finalized within five months of its proposal in May. This rule mandates that for-profit and career colleges meet certain requirements.<\/p>\n","protected":false},"author":1,"featured_media":2057530,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","fifu_image_alt":"","footnotes":""},"categories":[538],"tags":[],"class_list":["post-2057529","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-washington-examiner"],"fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2057529","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=2057529"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2057529\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2057530"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=2057529"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=2057529"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=2057529"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}