No accountability for for-profit colleges please.

Education Secretary Betsy DeVos is rescinding an Obama-era rule that was created to protect students from abusive for-profit colleges.

The rule, known as Gainful Employment, required for-profit colleges and career certificate programs to post debt-to-earnings ratios, proving that their students could find good-paying [well paid] jobs upon graduating. If the average ratio did not meet government standards, the school’s federal funding would be revoked.

…

Consumer advocates slammed DeVos on Friday for rolling back the student safeguard.

“Again and again, Secretary DeVos proves she only cares about protecting for-profit colleges, no matter how many students they swindle,” said Aaron Ament, president of the National Student Legal Defense Network.

DeVos has been widely criticized by Democrats for hiring department officials with ties to the for-profit industry.

The industry is mostly a massive swindle. For-profit colleges offer vocational training at enormous prices, and advertise heavily. Vocational training is available at community colleges for a fraction of the price.

Just one more item on The List of Squalor.