Attorney General Raoul Applauds Department Of Education's Strongest-Ever Proposed Gainful Employment Rule
CHICAGO - Attorney General Kwame Raoul today voiced support for the U.S. Department of Education’s proposed Gainful Employment Rule. The rule aims to protect students by, among other things, establishing expectations that graduates of for-profit colleges and of career-training programs at nonprofit colleges earn enough money to meaningfully pay back their federal student loans. Under the Higher Education Act, post-secondary institutions are required to “prepare students for gainful employment in a recognized occupation.” If an institution does not, it risks losing access to federal financial aid. The rule was originally issued in 2012, but, in 2019, the prior administration repealed it. The Biden administration is now proposing a new Gainful Employment Rule that strengthens federal efforts to hold predatory colleges accountable. Raoul, as part of a coalition of 21 attorneys general, submitted a comment letter to the department applauding this strongest-ever propose
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