For- profit col­lege rules are up­held

Los Angeles Times - - COMPANY TOWN -

A fed­eral court has ruled in fa­vor of tough new reg­u­la­tions for ca­reer train­ing pro­grams, deal­ing a ma­jor blow to the for- profit col­lege in­dus­try.

Last fall, the Ed­u­ca­tion Depart­ment said schools should be able to show that their grad­u­ates make enough money to re­pay their stu­dent loans. Pro­grams that don’t pass its new “gain­ful em­ploy­ment” stan­dard risk los­ing ac­cess to fed­eral stu­dent aid money.

The Assn. of Pri­vate Sec­tor Col­leges and Univer­si­ties sued in the U. S. Dis­trict Court for the Dis­trict of Columbia to try to stop the rules from tak­ing ef­fect on July 1.

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