The U.S. Department of Education released the full text of its final gainful employment rule on Thursday morning, and it’s a big one, weighing in at 945 pages. But sheer volume has never been enough to discourage the most devoted of higher education observers: the diehard policy wonks, who took to Twitter with observations and analysis.
The biggest change, as The Chronicle’s Kelly Field noted, is the elimination of cohort default rates as a measure that career-education programs will be subject to, leaving the debt-to-earnings ratio as the sole metric. It’s a win for community colleges, which had protested the use of default rates. Mark Huelsman, a senior policy analyst at Demos, posed the simple question: Why the change?
Read more at The Chronicle of Higher Education: https://chronicle.com/blogs/ticker/what-the-wonks-are-saying-about-the-gainful-employment-rule/88689
share