Support our non-partisan non-profit newsroom 💜 Donate now

For-profit colleges may get less oversight under Trump administration

Kimberly Adams Jun 15, 2017
HTML EMBED:
COPY

For-profit colleges may get less oversight under Trump administration

Kimberly Adams Jun 15, 2017
HTML EMBED:
COPY

For-profit colleges may be getting a bit of a reprieve from the Trump administration. Education Secretary Betsy DeVos announced plans to roll back two Obama-era regulations that made life tough for that beleaguered industry. The gainful employment rule held those colleges accountable for a students’ earning potential after graduating. The other allowed students from colleges that went bust to potentially have their federal loans forgiven. Both critics and proponents anticipate what new rules will mean in the for-profit college landscape.

Click the audio player above to hear the full story.

There’s a lot happening in the world.  Through it all, Marketplace is here for you. 

You rely on Marketplace to break down the world’s events and tell you how it affects you in a fact-based, approachable way. We rely on your financial support to keep making that possible. 

Your donation today powers the independent journalism that you rely on. For just $5/month, you can help sustain Marketplace so we can keep reporting on the things that matter to you.