We work to hold predatory colleges accountable for deceptive and illegal conduct, reducing the number of students left worse off by burdensome student debt, and other steps to improve student outcomes.
Fact sheet on the Gainful Employment (GE) rule. The Higher Education Act (HEA) requires that all career education programs receiving federal student aid “prepare students for gainful employment in a recognized occupation,” however the HEA does not define “gainful employment.” The purpose of the Gainful Employment Rule is to provide that definition.
Fact sheet on the Borrower Defense to Repayment (BD) rule. The Borrower Defense to Repayment Rule offers students relief from federal loans borrowed based on fraudulent, misleading or illegal acts by their schools. Borrower defense is an established legal right for many forms of consumer credit, and it has been a part of the Higher Education Act for many years.
Students need protection against unaffordable loans. This rule rolls back the clock on those very protections. At a time when millions of borrowers are struggling with debts they cannot afford, the Department’s repeal of the gainful employment rule is reckless and irresponsible.