February 1, 2017
More than 200 colleges have given the U.S. Department of Education notice
that they will appeal gainful employment ratings that found their
programs to be failing or close to failing. The colleges filed a
required notice of intent to appeal within 14 days of the release of
ratings for 536 individual programs, according to data posted by the
Office of Federal Student Aid Monday.
Institutions appearing on the list include Vatterott College, Kaplan University and Full Sail University.
Ratings released by the department last month showed that nearly a tenth of vocational programs evaluated -- mostly at for-profit institutions -- failed to meet new criteria measuring whether graduates were able to repay their student loan debt. That puts those programs at risk of being cut off from access to Title IV federal aid.
The gainful employment rule was heavily criticized by Republicans in Congress, and GOP leaders have listed it among a number of Obama administration regulations they plan to eliminate or scale back.
Direct link to article: https://www.insidehighered.com/quicktakes/2017/02/01/200-colleges-appeal-gainful-employment-ratings
Institutions appearing on the list include Vatterott College, Kaplan University and Full Sail University.
Ratings released by the department last month showed that nearly a tenth of vocational programs evaluated -- mostly at for-profit institutions -- failed to meet new criteria measuring whether graduates were able to repay their student loan debt. That puts those programs at risk of being cut off from access to Title IV federal aid.
The gainful employment rule was heavily criticized by Republicans in Congress, and GOP leaders have listed it among a number of Obama administration regulations they plan to eliminate or scale back.
Direct link to article: https://www.insidehighered.com/quicktakes/2017/02/01/200-colleges-appeal-gainful-employment-ratings
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