Former students in careertraining programs at dozens of for-profit institutions have had so much trouble paying off their loans that the schools could lose access to federal student aid if they don’t improve, new data from the U.S. Department of Education finds.
The Education Department reported that at 193 programs at 93 schools, students were unable to meet any of three measures under the agency’s new “gainful employment” rule. The new regulations, announced by the Obama administration last year, are aimed at making sure students in career-training programs at for-profit, nonprofit and public institutions are able to get a job and pay off their student loans when they graduate.
The programs include Everest College’s paralegal training in Salt Lake City and more than 40 other programs operated by Corinthian Colleges, one of the nation’s largest higher education companies; chef training at Le Cordon Bleu College of Culinary Arts in Austin, Texas; and the medical assistant program at Sanford-Brown College in McLean, Va.
“Career colleges have a responsibility to prepare people for jobs at a price they can afford,” Education Secretary Arne Duncan said. “Schools that cannot meet these very reasonable standards are on notice: invest in your students’ success, or taxpayers can no longer invest in you.”
The Times Record Sustaining Sponsor
We believe a community must be informed to thrive. bowdoin.edu
Comments are not available on this story. Read more about why we allow commenting on some stories and not on others.
We believe it's important to offer commenting on certain stories as a benefit to our readers. At its best, our comments sections can be a productive platform for readers to engage with our journalism, offer thoughts on coverage and issues, and drive conversation in a respectful, solutions-based way. It's a form of open discourse that can be useful to our community, public officials, journalists and others.
We do not enable comments on everything — exceptions include most crime stories, and coverage involving personal tragedy or sensitive issues that invite personal attacks instead of thoughtful discussion.
You can read more here about our commenting policy and terms of use. More information is also found on our FAQs.
Show less