For-Profit Colleges Gain Beachhead in Trump Administration

March 15, 2017
  • Industry News
  • for profit

Until June 2016, Taylor Hansen lobbied for the largest trade group of for-profit colleges. At the forefront of its agenda: eliminating a rule known as “gainful employment,” which can take away federal funding from for-profit colleges if their graduates fail to earn enough to repay student loans.

Last week, that goal started to become a reality. The U.S. Department of Education delayed the deadline for colleges to comply with certain provisions of gainful employment, saying it plans to review the rule.

Read more at ProPublica: https://www.propublica.org/article/for-profit-colleges-gain-beachhead-in-trump-administration