New Gainful Employment Rules Focus on Graduate Loan Repayment as a Percentage of Income

By EvoLLLution NewsWire. On Friday, the Obama administration proposed a new set of gainful employment rules that will tighten federal oversight of for-profit colleges and universities if passed into law. The last set of regulations — which included loan-repayment expectations — were struck down by a federal judge in 2012. After that, the Department of Education went back to the drawing board to protect students from low-quality, high-debt programs while keeping access to career-focused programs open. More...