Wednesday, February 22, 2017

For-Profit Schools’ May See a More Favorable Future

The Obama administration through its Secretary of Education Arne Duncan and a legislative ally in Sen. Tom Harkin (Democrat from Iowa who has now retired), created numerous rules and regulations that significantly impacted for-profit schools.  While good intentions were made to address the abuses of some schools, the approach place all schools into the same category.  This resulted in multiple school closures which significantly impacted students, employers, and contributed to limiting student access to education.


While Pres. Trump and his new Secretary of Education Betsy DeVos have yet to clearly articulate plans for this sector, it does seem probable that there will be a more favorable regulatory environment for for-profit schools. Gainful employment rules which linked financial performance and placement of graduates to schools’ ability to access federal funds has resulted in a significant number of closures.  This means the Federal government who one would assume should do no harm to students by their actions left thousands with no degrees and substantial debt.  While some may view this approach as appropriate to weed out” bad apples” it had a negative effect by placing all schools into the same basket. Clearly regulations that address abusers of the system need to be in place and hopefully the new administration will seek a middle of the road approach to monitoring such.  For more information regarding these issues please read the New York Times article by Patricia Cohen at the following link: For Profit Schools, an Obama Target, See New Day Under Trump (Retrieved from the Internet on February 22, 2017).

2 comments:

Unknown said...

Hello Dr. Bob. Thank you for bringing up this important issue. In my opinion while federal government should take an active role in regulating private education I strongly believe that it is individual responsibility to choose a career path wisely. I believe it is up to the individuals to choose a tangible profession and an affordable education. Community colleges do provide an affordable alternative. These colleges may have a more cumbersome admission process, and are not able to provide same measure of individual approach as private institutions. However, it is important for families and parents of young people starting their secondary education to orient young people to the affordable education and realistic expectations in terms of employment prospect.
Yelena Kan, RN

Dr. Bob said...

Thanks for sharing your thoughtful comments....

Dr. Bob

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