Event2011

Gainful Employment rule (first version)

The U.S. Department of Education issued rules requiring career-oriented programs (including many at for-profit colleges) to meet debt-to-earnings thresholds to remain eligible for federal student aid.

Year
2011

June 2011: The Department of Education published the final gainful employment rule.

In this article, we discuss the history and motivation of federal gainful employment legislation and what the new rules entail.

This fact sheet gives an overview of the history of GE, how the rule is implemented, and its importance in protecting students and taxpayers.

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