New federal rules introduced by the Obama Administration threaten some for-profit colleges and universities due to regulations requiring schools to demonstrate that sufficient numbers of their graduates are actually benefitting from the programs they have taken.
To meet new "gainful employment" standards that have been in the works in Washington, D.C. for several years, career-oriented colleges and universities will have to demonstrate that the typical graduates' loan debt from the program constitutes less than 20 percent of their discretionary income, or about 8 percent of their total earnings.  
In announcing the changes after protracted rule making process, the United States Department of Education that it anticipated that about 1,400 programs educating more than 800,000 adults would fail the new "gainful employment" test.
The danger to schools that fail the "gainful employment" test is great:  Failing colleges and universities will become ineligible for federal student aid, the lifeblood of many for-profit school programs.
Critics of for-profit schools say these institutions have harmed students for years by selling them expensive career-oriented programs with high-pressure sales tactics and with little or no job prospects after graduation.
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One of the nation's largest for-profit school chains has removed itself from the stock market following a tumultuous year of lawsuits and regulatory battles.  Education Management  Corporation (EDMC) announced plans to drop its registration with the Securities Exchange Commission and its listing on NASDAQ.  EDMC has operated for-profit schools across the country, including The Art Institutes, Argosy University, Brown Mackie Colleges, and South University.  At the time of the announcement, EDMC stock was trading for less than $1 per share.  In recent years during a period of increased regulation by the Obama Administration, EDMC's schools have suffered substantial enrollment declines.  In addition, EDMC is being sued by the United States Justice Department for alleged violations of the federal False Claims Act.  EDMC's de-listing was reported in Inside Higher Ed.