Are new ED rules an ‘unconditional surrender’ to for-profit colleges?

Duncan has helped shape for-profit regulations since 2009.

Some of the country’s largest online education programs will have to comply with federal regulations far less stringent than once thought after the U.S. Education Department (ED) unveiled its new rules for for-profit institutions that have come under fire for unscrupulous business practices.

The long-awaited rules aimed at for-profit schools such as the University of Phoenix and Kaplan University—first discussed in 2009—were released June 1.

The regulations are meant to ensure that students aren’t graduating from for-profit colleges unqualified for the professional world and burdened with excessive student loan debt.…Read More