Education Department’s ‘Gainful Employment Rule’ Unlikely to Hinder For-Profit Schools

One of the biggest offenders stoking the student debt problem is for-profit higher education institutions. They’re roundly criticized for taking their students’ government debt dollars to sell them degrees they know that they can’t use, will be unable to complete, or will default on. They engage in reckless, hard-sell enrollment practices. For instance until recently …

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