Back to the Future

Career College Central Summary:
  • President Obama’s Education Department has announced it will begin crafting new “gainful employment” regulations in September. This will be a second attempt to set standards for measuring how recent graduates of vocational programs, mostly at for-profits, fare in the job market.
  • In recent months Senate Democrats have held hearings on how to improve the federal government’s return on investment for tuition assistance programs that benefit student veterans and active-duty members of the military.
  • Currently the Post-9/11 G.I. Bill and U.S. Department of Defense tuition assistance programs are factored into the 10 percent side of the so-called “90/10 rule” (meaning they don't count as federal sources of funds). Some for-profits are close to the 90 percent limit or would struggle to stay under it if the military money was reclassified.
Click through for full article content.

Leave a Reply

Be the First to Comment!

Notify of