The last date for public comment on these perplexing regulations (slated to become law on Nov. 1) is coming fast!
The only soapbox I tend to hop on here is the one where I advocate forÂ education technology, but these new regulations are seriously disconcerting and I just have to weigh in, and reach out to readers.
The Gainful Employment regulations are aimed at for-profit career colleges (â€œthose engaged in training leading to gainful employmentâ€) and so much about these regulations is simply unfair, and rather troubling. Not only are they likely to make education less attainable for many low income and minority students, but the regulations donâ€™t appear to allow for any sort of due process.
The intent of the regulations is to limit or deny Title IV aid (Pell grants, loans, etc.) to students in schools that have â€œhigher than normalâ€ default rates, along with other harmful punitive measures, including forced enrollment limits. This may very well make sense for some unscrupulous educational institutions out there, but these regulations failÂ to take into consideration things like a schoolâ€™s graduation or placement rates, students who postpone paying loans while they continue their education, or a long list ofÂ other highly relevant factors. There is a clearÂ need to more carefully consider the impact this can have on many studentsÂ across the country, who should not be made to suffer due to the actions of the few.
To provideÂ additionalÂ information and clarity, here are a few insightful resources on the subject:
- This letter from US Chamber of Commerce President and CEO Thomas J. Donohue outlines the Chamber's opposition toÂ the Gainful Employment Regulations.
- Matt Schnittman, CEO of Topschools, Inc. (an education software solutions company) offers this excellent article, “For-Profit Colleges: Sound Taxpayer Investment or WastefulÂ Spending?“. This article is chock full of facts and figures clearly supporting the financial efficiency of for-profit schools as compared to non-profits, and the associated benefits of these differences for student's families and taxpayers in general.
- “How To Discourage College Students“, from AmericasFocus.com.
Please take a moment right now toÂ click here and submitÂ your comments, or a preformatted letter, to the DoE. Remember, the governmentâ€™s final period for input from the public on this legislation (presently scheduled to become law on Nov. 1) closes on September 9. We can be heard and we can make a difference. Thanks!
For more on this issue, please visit: http://gainfulemployment.wordpress.com/