DeVos Repeals Rule That Cracked Down On For-Profit College Corruption

At the Smart Dissent Education page linked here, we have written over and over and over about the heinous efforts of the worthless Betsy DeVos to destroy our education system.  Instead of drastically needed help for our schools and students, DeVos repeatedly inflict more harm in new ways.

On Friday June 28, 2019, DeVos declared open season for swindlers & crooks by quietly throwing the rules on for-profit colleges in the garbage. We cannot stop fighting to hold DeVos accountable for turning her back on students.

Education Secretary Betsy DeVos on Friday officially repealed an Obama-era regulation that sought to crack down on for-profit colleges and universities that produced graduates with no meaningful job prospects and mountains of student debt they could not hope to repay.

The so-called gainful employment rule was issued by the Obama administration in 2014, right before huge for-profit chains collapsed, leaving students stranded with debt and worthless degrees.  Under the new standards, career and certificate programs, many of which operate in the for-profit sector, would have to prove their graduates could find gainful employment to maintain access to federal financial aid. It also would have required schools to disclose in advertisements a comparison of the student debt load of their graduates and their career earnings.

Instead DeVos, who literally profits directly from this fake schools that fleece our children, undid all of the above.  This is CORRUPTION.

DeVos has delayed critical parts of the rule, and last year, she sought to repeal it entirely, siding with for-profit industry leaders...

...in rescinding the rule, the department is eradicating the most fearsome accountability measure — the loss of federal aid — for schools that promise to furnish students with specific career skills but fail to prepare them for the job market

During her confirmation, I asked @BetsyDeVosED if she would enforce rules that protect students from cheating #4profit schools. She hemmed & hawed & sent a terrifying message to students: you’re on your own. pic.twitter.com/kJVvuz1Osc

— Elizabeth Warren (@SenWarren) July 1, 2019

“Repealing — rather than revising or replacing — the gainful employment rule will prop up low-quality for-profit colleges at the expense of students and taxpayers,” said Representative Robert C. Scott of Virginia, the chairman of the House education panel. “Today’s announcement underscores the need for Congress to pass a comprehensive reauthorization of the Higher Education Act that protects students and taxpayers from low quality for-profit schools.”

Bob Shireman....an architect of the rule when he was in the Obama administration, called the repeal “disturbing and shortsighted.  They are opening the door to operators whose singular focus on gobbling up federal grants and loans for their investors will steer the business toward manipulative recruiting and poor quality training,” he said.

Source: https://www.nytimes.com/2019/06/28/us/politics/betsy-devos-for-profit-colleges.html