Statement from John B. King Jr. on the Trump Administration’s Plans to Repeal “Gainful Employment” Regulations

WASHINGTON —  Today John B. King Jr., president and CEO of The Education Trust, issued the following statement on the Trump administration’s proposed repeal of the “gainful employment” regulations for for-profit colleges and other colleges offering federally-funded career training programs:

“By withdrawing the gainful employment regulations, the Trump administration is once again choosing the interests of executives and shareholders of predatory for-profit higher education institutions over protecting students and taxpayers. It is outrageous and irresponsible that as a result of this administration’s actions, programs that leave students – especially students from low-income backgrounds, students of color, and veterans – considerably worse off than when they enrolled will continue to receive federal dollars.”

###