On Thursday, the Education Department released the final "gainful employment" rules for vocational schools. In order to qualify for federal financial aid, for-profit and certificate programs will be required to prepare students for gainful employment by meeting one of three requirements: the average annual student loan payment is not more than 30% of a graduate's discretionary income; the average ... DC Shuttle: Gainful Employment Rules, Reducing Loan Defaults and Other Higher Ed News from Washington
On Thursday, the Education Department released the final "gainful employment" rules for vocational schools. In order to qualify for federal financial aid, for-profit and certificate programs will be required to prepare students for gainful employment by meeting one of three requirements: the average annual student loan payment is not more than 30% of a graduate's discretionary income; the average ...