Tuesday, 4 October 2011
Education Department seeks to ease new program approval process
(Reuters) - The U.S. Department of Education on Tuesday proposed to make approval procedure for new programs easier under the 'gainful employment' education rules, which was finalized last October, to make for-profit education companies more accountable for federal aid.These set of rules, that go in effect from July 2013, were drafted after for-profit colleges were criticized for burdening students with unpayable debt but no jobs.Under the current set of gainful employment rules, for-profit
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