Military Online College - blog: New Profit Colleges Rule for Military Degree

Military Online College - blog

December 13, 2010
by admin

The Education Department released regulations in late October that give the government a stronger hand overseeing the for-profit education sector — including new rules reining in how recruiters are paid. Other new regulations strengthen the department’s authority to take action against schools engaging in deceptive advertising, marketing and sales practice.

Still to come early next year is the most controversial proposal: a rule that would cut off federal aid to college vocational programs with high student-debt levels and poor loan repayment rates. The Education Department significantly scaled back one part of the gainful employment rule, doing away with a proposal that would have required schools starting aid-eligible occupational programs to provide five years of enrollment projections and get documentation from employers showing the curriculum aligns with job needs. Schools instead will be required to notify the department 90 days in advance of starting a new program.

The Obama administration released a broad set of rules to strengthen federal student aid programs at for-profit, nonprofit and public institutions by protecting students from aggressive or misleading recruiting practices, providing consumers with better information about the effectiveness of career college and training programs, and ensuring that only eligible students or programs receive aid.

Direct link to article:

1 comment:

  1. It makes sense for the government to cut funding to schools and colleges if the graduates aren't able to find jobs upon graduation. Regulation would improve standards of education.

    Military Degrees