Allie Grasgreen in Politico:
The Obama administration on Thursday watered down its threatened crackdown on for-profit colleges, loosening tough sanctions under heavy political pressure from the industry and members of Congress from both parties.
The administration’s long-awaited “gainful employment” regulation, in the making since nearly the start of Barack Obama’s presidency, aims to force colleges to overhaul or shut down career-training programs that leave students with high debt and too low a salary to repay it.
Paul Fain in Inside Higher Ed:
Critics of for-profit colleges were disappointed by the final “gainful employment” regulations. They said the Obama administration caved to industry pressure and put out a watered-down, inadequate set of rules.
The U.S. Department of Education calls that narrative “misleading.” The department said the regulations are strong, legally sound and will protect students from underperforming academic programs.