Reactions to the Education Dept.’s New Gainful-Employment Proposal

By Nick DeSantis. The Obama administration on Friday set the stage for a new round in the years-long fight over its controversial gainful-employment rule, with the formal release of a new proposal that comes some 20 months after a federal judge blocked key parts of the original version. The proposal seeks to cut off federal financial aid to career-oriented programs whose graduates have high student-loan debt relative to their incomes. Read more...