Berkeley’s Consumer Advocacy and Protection Society (CAPS) have submitted a public comment to the U.S. Department of Education opposing its proposal to rescind the ‘gainful employment’ rule. Under the current rule, career education programs that repeatedly leave students with unaffordable levels of debt relative to their earnings can lose access to federal Title IV funds (i.e., federal student loans, grants, and work-study). Based on a review of recent judicial decisions, academic research, and relevant data, CAPS argues that the Department of Education’s proposal to eliminate the rule lacks evidence-based justification and rolls back hard-earned protections for thousands of students seeking to pursue higher education. The public comment can be read online here.
September 15, 2018