The Wall Street Journal ed board is commending Betsy DeVos this AM for rolling back burdensome rules put in place by the Obama Administration that unfairly held college students back at the expense of lawyers and special interests:
WSJ: (Editorial) DeVos’s Gainful Redeployment
She Withdraws Two Rules That Punished For-Profit Schools.
June 17, 2017
Liberals are howling that Education Secretary Betsy DeVos has pulled back the Obama Administration’s gainful employment and borrower defense rules that were aimed at destroying for-profit colleges. But the rules did far more to ensure gainful employment for lawyers and government than they helped students.
The Obama Administration imposed both rules after advisory committees of higher education stakeholders—students as well as public, nonprofit and for-profit colleges—failed to reach a consensus. Ms. DeVos on Wednesday ordered a pause while new committees consider changes to better “protect students from predatory practices while also providing clear, fair and balanced rules for colleges and universities to follow.”
After a federal judge in 2012 tossed the Obama Administration’s first gainful employment rule, vindictive department officials imposed more draconian regulations that cut off federal aid to vocational programs—nearly all for-profit—in which graduate debt-to-earnings ratio exceeds 12%. A nursing program whose graduates finish with an average of $35,000 in debt and earn $35,000 a couple years out of school would fail.
Click here to read the full editorial