Panel to develop new gainful employment rule, Politico reports

theflyonthewall.com

Next month a 15 member panel will begin rewriting the Department of Education's gainful employment rule, according to Politico. The rule limits the amount that for-profit colleges can charge their students. The new panel includes "some prominent critics of for-profit colleges," the website stated. A federal judge last year essentially made the previous gainful employment rule unenforceable.

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