Gainful Employment and Why it Should Apply to All Higher-Education Institutions
T
he U.S. Department of Education is trying to create a clear financial pic-
ture for students with a recently devel- oped, not yet implemented regulation called “Gainful Employment.” The Gainful Employment regulation along with many other new regulations are set to be put into action sometime in 2011. These new regulations have been conceived in response to the growing pressure over for-profit education’s questionable recruitment practices. What the U.S.D.E. hopes to accom-
plish with these new policies is to make students more informed about the fi- nancials of their degree programs. Sim- ply defined, the regulation will “apply a formula to programs in career-orient- ed majors, like healthcare, business and education to decide which ones lead to ‘gainful employment.’ Those that do not would be eliminated. Students would also get concrete information about graduation rates, employment rates, potential salaries in their chosen field, loan debt info and the like before they choose their school. This informa- tion should help students analyze their risk/reward scenario.” The U.S.D.E. has defined “gainful employment” as employment that pro- vides students with the income they need to successfully re-pay their edu- cation debts. Randy Proto, CEO of the American Institutes school group which operates healthcare-based career schools in a number of states, says that the disclo- sure agreement found in the “gainful employment” regulation is an “excel- lent idea.” But, for the regulation to be effective, Proto suggests that the formu- las established to decipher the “gainful employment” statistics must “account for differences in: student populations served, programmatic goals, national economic conditions and many other factors.”
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As it is envisioned now, the “gain-
ful employment” regulations would only apply to for-profit education in- stitutions and a minute percentage of students in non-degree programs at ground schools. So, Proto asks, what about the “7.5 million additional stu- dents enrolled in career-oriented de- gree majors at public and private uni- versities? Why leave any students and programs out of its reach? If the pro- posed regulation is a good idea and provides the anticipated benefits and protections, it should be broadly ap- plied.” Proto, clearly a proponent of for- profit education, supports the “gainful
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employment” measure, but would also like to see regulations emplaced across the board to ensure equality, not just at for-profit online schools or career train- ing institutions. Proto seems to be on the right track.
“Gainful employment” regulations are a good idea but shouldn’t be enforced only at for-profit schools. All students should be able to benefit from the in- formation “gainful employment” sta- tistics will provide. Says Proto, “this is a real opportunity for higher educa- tion. But only if it is ‘Gainful Employ- ment’ for all students.”
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Articlesbase.com HISPANIC NETWORK MAGAZINE 37
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