DeVos Fails Students, Again.
The higher education system is broken, but instead of fixing it, the Department of Education is intent on breaking it even more. The gainful employment rule was an Obama-era regulation that protected against the predatory loan practices of for-profit colleges by monitoring their students’ ability to earn back their debt after graduation. Last week, the Department of Education repealed it, the culmination of their years-long attempt to free for-profit colleges from what Betsy DeVos deemed as unfair targeting of for-profit institutions by Democrats. The rule was simple, it made sure students