“The use of new technology in the for-profit industry is one of their greatest assets in improving the overall quality of higher education,” Penley said in his blog. “With online classes, web-based faculty-student discussions, eTextbooks, and online access to libraries, for-profit universities are transforming the industry and becoming formidable competitors of traditional schools. [Gainful employment] would be a disservice to students, an impediment to the economy’s recovery, and a strike against innovation in education.”
Rules that would strip for-profit schools of critical federal funds if they fail to meet certain criteria will limit the expansion of higher education during a time when online courses make college degrees available to students who can’t attend on-campus classes, Penley added.
“This is not the time to restrict our higher education system, especially the part of it that has the resources to invest in improvements in learning,” he said.
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