Feds resume effort to regulate for-profit colleges on their ‘gainful employment’ record

By Nick Anderson.The Obama administration resumed a controversial effort Friday to regulate for-profit colleges and certain others that offer career-training programs to help graduates obtain “gainful employment.”
From 2009 to 2011, the administration engaged in a sharp debate with the for-profit education sector and its allies over proposals to crack down on programs that leave graduates with heavy debts that they are unable to repay. Read more...