"Gainful Employment" Rule Opposed By More Than 100 House Republicans & Democrats
WASHINGTON, April 28, 2011 /PRNewswire-USNewswire/ -- The Student Access Student Choice (SASC) coalition today released the following statement in response to a group of 113 Members of Congress sending a letter to President Barack Obama requesting that the Department of Education withdraw its proposed "gainful employment" rule which would impose arbitrary and bureaucratic regulations on career colleges and universities when awarding students loans thus limiting their availability, while requiring students to meet certain, and in many cases, unattainable income levels immediately upon graduating.
"News that so many elected representatives have decided to send the message to the White House that the so-called 'gainful employment' rule is wrong, is a significant development in this debate. The truth is, some in government have undertaken a campaign to smear vocational schools as opposed to recognizing their importance in graduating young people who are trained to fill 21st Century jobs," said Phil Singer, spokesman for the Student Access Student Choice (SASC) coalition. "Instead of political attacks, the Department of Education should work with Congress to put forward meaningful and constructive policy ideas that positively affect our nation's higher education system and reform post-secondary institutions in an evenhanded manner. Career colleges and universities play an integral role in our education system and economy, and any attempts to advance misguided and ill-conceived policies like 'gainful employment' will end up punishing students and costing our nation jobs."
"A bipartisan group of 113 lawmakers has written to President Barack Obama, urging the withdrawal of a rule aimed at reining in for-profit trade schools and colleges. The for-profit school sector has been battling the Education Department's so-called 'gainful employment' rule that would refuse federal loans to students if former students in the same programs fail to pay back loans." (Diane Bartz, "Lawmakers Protest For-Profit Schools Rule," Reuters, 4/27/11)
SOURCE Student Access Student Choice Coalition