Statement From John B. King Jr., President and CEO of The Education Trust, on the Department of Education’s Announcement to Delay Parts of Gainful Employment

WASHINGTON — Today, John B. King Jr., president and CEO of The Education Trust, issued this statement on the announcement that the U.S. Department of Education intends to delay the implementation of gainful employment regulations:

“Today’s delay of parts of Gainful Employment will give unscrupulous career college programs carte blanche to prey on students — especially those who are most vulnerable. These regulations were crafted to protect students from weak career education programs that leave students underprepared for success and with enormous amounts of debt, and to ensure the proper stewardship of billions in federal taxpayer dollars. Delaying any part of them is wrong.”