Wednesday, June 16, 2010

US Education Dept Avoids 'Gainful Employment' In Reform Draft - WSJ.com

US Education Dept Avoids 'Gainful Employment' In Reform Draft - WSJ.com

US Education Dept Avoids 'Gainful Employment' In Reform Draft

NEW YORK (Dow Jones)--The U.S. Department of Education on Wednesday will propose sweeping reforms to a number of issues governing higher education, including attempting to define a credit hour, penalizing schools for misrepresenting their qualifications or offerings and tightening rules governing recruiter compensation.

Most notable about the recommendations, known as a Notice of Proposed Rulemaking, is what's absent, as the Education Department chose not to tackle a hotly debated measure that would punish schools for graduating students with high debt-to-income ratios in an attempt to measure how well they prepare students for gainful employment in a recognized occupation. For-profit schools ...