Fast Fact: For-Profit Colleges Need High Standards

Taxpayers fund 86% of revenue for the 15 big, publicly traded for-profit colleges. Gainful employment regulations are meant to ensure minimum standards of quality and cost at colleges and universities, so students and taxpayers can get a return on their investment. As the Education Department goes back to the table on the “gainful employment” rule, they must hold these and all schools to a high standard.