Wednesday, August 11, 2010

We Need More Protection from For-Profit Education Rip-Offs!

Tell the Obama administration we need more protection from for-profit education rip-offs!

The U.S. Department of Education has proposed new rules to protect students and taxpayers from career education programs that over-charge and under-deliver, but the rules need to be stronger. USA Today praised the Obama Administration for flagging the problem, but called the proposal "feeble" and "too accommodating."

Federal law requires career education programs that receive federal student aid to "prepare students for gainful employment in a recognized occupation." By defining "gainful employment" for the first time, the proposed rules make it possible to enforce this important law.

The for-profit college industry and its highly paid lobbyists are fighting hard to weaken the proposed rules, so exploitative businesses can keep profiting off federal student aid. That's why the Obama administration needs to hear from you today.

Example letter:

Dear Jessica Finkel,

Career education programs that receive federal student aid funds must be held accountable for training students for good jobs without saddling them with unmanageable debt. The proposed rules on gainful employment are a good first step, but they should be strengthened to provide more meaningful protection for students and taxpayers starting next year. Ensuring access to affordable higher education is incredibly important for our economy, but for-profit programs that over-charge and under-deliver do more harm than good, and should not be subsidized by taxpayer financed student aid.