Notice of Proposed Rulemaking
March 14, 2014Obama Administration Takes Action to Protect Americans from Predatory, Poor-Performing Career Colleges
The Obama Administration announced today new steps to address growing concerns about burdensome student loan debt by requiring career colleges to do a better job of preparing students for gainful employmentor risk losing access to taxpayer-funded federal student aid.
June 16, 2010Obama Administration Proposes Student Aid Rules to Protect Borrowers and Taxpayers; Key Elements of Gainful Employment on a Separate Track
The Obama administration today proposed a broad set of rules and definitions to strengthen the federal student aid programs by protecting students from aggressive or misleading recruiting practices, providing consumers with better information about the effectiveness of career college and training programs, and ensuring that only eligible students or programs receive aid.