
The U.S. Education Department (ED) will take longer than expected to formulate new regulations for for-profit colleges, and private-sector school officials expect about 1,000 students to speak out against the government’s measures at a rally planned for Sept. 29 in Washington, D.C.
For-profit colleges have campaigned hard against the “gainful employment” rule, which would cut off federal aid to college vocational programs with high student debt levels and poor loan repayment rates. They’ve lobbied Congress, purchased newspaper ads, and helped students and others register complaints with ED.
The government was to publish its final rules by Nov. 1, but ED officials announced a new timeline on Sept. 24, saying sections of the plan would be ready by Nov. 1 and the remaining portions will be published in early 2011.…Read More