"Education Secretary Betsy DeVos moved Friday to roll back a policy created under the Obama administration that aimed to prevent for-profit colleges from predatory practices."
"The Department of Education posted a notice online, saying the Gainful Employment rule created in 2014 would be repealed entirely starting July 1, 2020."
"Under Gainful Employment rules, for-profit colleges were required to share student debt-to-earnings ratios to prove their programs were worth the cost and adequately educated students. Colleges that consistently left graduates with low incomes and high debt would lose federal funding."
"In the notice posted Friday, however, DeVos officials argued that the rule was flawed and other factors outside of program quality could contribute to a graduate's future salary."