In another development in the years-long battle between the Obama Administration and the for-profit school industry, a key industry group is seeking to preclude new  federal "gainful employment" requirements from being implemented.

The Association of Private Sector Colleges and Universities -- representing more than 1,400 for-profit schools -- filed a motion in federal district court seeking to preclude the implementation of new regulations that would apply a debt-to-earnings test with regard to graduates when determining schools' future eligibility to receive federal financial aid.

In response, a coalition of 28 public interest groups is urging the same court to reject the for-profit industry's arguments and to not delay implementation of the regulations. 

The regulations are scheduled to become effective July 1, 2015.

Meanwhile, a leading Republican lawmaker, Rep. Virginia Foxx (R-N.C.), had introduced a bill that would abolish the gainful employment rule and prevent the Obama Administration from implementing a college-ratings system.



Your comment will be posted after it is approved.

Leave a Reply