For-Profit Higher Ed
By giving U.S. government new way to measure "value" of academic programs, rules could reframe federal regulation of all colleges, not just for-profits.
When the Nexus Research and Policy Center set out to study the costs and benefits of a bachelor’s degree, the results were perhaps unsurprising: the center, funded by the parent company and founder of the for-profit University of Phoenix, found that degrees are good for students and society, and that the education provided by for-profit and private colleges is a better deal for taxpayers than that offered by public institutions.
WASHINGTON — A surprisingly bipartisan House of Representatives approved an amendment to the continuing budget resolution last month that would block the Education Department from carrying out its proposed regulation requiring that for-profit colleges and other vocational programs ensure that their students are prepared for “gainful employment.” Since t
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