After months of deliberation, the obama organization issued a projected gainful work regulation in an attempt to safeguard pupils from plans at for profit schools that abandon them with unmanageable debt and useless degrees. The proposed rule contains provisions requiring vocation instruction systems to fulfill specific standards about the debt-to-earnings ratio and default speed of alumnae. While I'd have liked to find a stronger rule -- one that contains, for instance, loan re-payment rates as a metrical plus a fresh system approval procedure -- it's an advance.
As an instructor of mainly low income and minority pupils for over 20 years, I understand what these pupils need from postsecondary education. They need use of affordable degree and certification programs that lead directly to good occupations.
In Congress, I have directed multiple attempts to prepare my fellow coworkers and also to support the administration's rulemaking process for gainful job. Regrettably, I have found that the dilemma is little realized here on Capitol Hill. As well as the powerful for-revenue lobby is inexorable -- both in its portrayal of for-gains as casualties in this discussion and in its campaign contributions.
The Division of Education reports that for profit plans account just for 13 % of postsecondary pupils, but almost half of all student-loan defaults. And a little over 1 / 4 of for profit schools create graduates who earn more than high school dropouts. Meanwhile, most for-profits receive between 80-90 % of the earnings from federal student aid.
Maybe even more telling than these figures is the fact that the very organizations devoted to advocating for and protecting minority, veteran, and low-income peoples are doubtful of for-profit programs and support strong gainful employment regulations. These groups contain the AFL-CIO, NAACP, League of United Latin American Citizens (LULAC), Iraq and Afghanistan Veterans of America (IAVA), Student Veterans of America, and others. In reality, at a gainful employment briefing that I organized on the Hill for Members of Congress and their staff, associates from a number of these groups spoke passionately regarding the damaging effects a number of these programs have had on these populations.
Despite substantial attempts by the Organization of Private Sector Schools and Colleges I understand that there's powerful support in the House of Reps for gainful work regulations.
My employees and I've met with for-profit college representatives several times. In all these assemblies, we hear the same rhetoric -- our plans are doing their job, they're all correctly accredited, our graduation and employment-placement speeds are great. Some of these even inform us that lousy actors should be penalized and that they would support a version of a gainful work regulation.
Again, the government's planned rule is a strong move toward shielding our pupils.
As an instructor of mainly low income and minority pupils for over 20 years, I understand what these pupils need from postsecondary education. They need use of affordable degree and certification programs that lead directly to good occupations.
In Congress, I have directed multiple attempts to prepare my fellow coworkers and also to support the administration's rulemaking process for gainful job. Regrettably, I have found that the dilemma is little realized here on Capitol Hill. As well as the powerful for-revenue lobby is inexorable -- both in its portrayal of for-gains as casualties in this discussion and in its campaign contributions.
The Division of Education reports that for profit plans account just for 13 % of postsecondary pupils, but almost half of all student-loan defaults. And a little over 1 / 4 of for profit schools create graduates who earn more than high school dropouts. Meanwhile, most for-profits receive between 80-90 % of the earnings from federal student aid.
Maybe even more telling than these figures is the fact that the very organizations devoted to advocating for and protecting minority, veteran, and low-income peoples are doubtful of for-profit programs and support strong gainful employment regulations. These groups contain the AFL-CIO, NAACP, League of United Latin American Citizens (LULAC), Iraq and Afghanistan Veterans of America (IAVA), Student Veterans of America, and others. In reality, at a gainful employment briefing that I organized on the Hill for Members of Congress and their staff, associates from a number of these groups spoke passionately regarding the damaging effects a number of these programs have had on these populations.
Despite substantial attempts by the Organization of Private Sector Schools and Colleges I understand that there's powerful support in the House of Reps for gainful work regulations.
My employees and I've met with for-profit college representatives several times. In all these assemblies, we hear the same rhetoric -- our plans are doing their job, they're all correctly accredited, our graduation and employment-placement speeds are great. Some of these even inform us that lousy actors should be penalized and that they would support a version of a gainful work regulation.
Again, the government's planned rule is a strong move toward shielding our pupils.
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