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Education Dept. to Repeal ‘Gainful’ Rules

August 10, 2018


The Department of Education plans to repeal the Obama administration’s gainful employment rule, it announced Friday.

The rule sought to hold all career education and certificate programs — the vast majority at for-profit institutions — ccountable for producing graduates with debt they couldn’t repay. Programs that repeatedly failed the metrics risked losing access to federal student aid.

The rule was contested heavily by the for-profit college sector but eventually went into effect in 2014.

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