The Trump administration has proposed another step to revoke the Gainful Employment (GE) regulations. The federal government claims the move will ensure transparency in higher education data to students and lead to equitable treatment of all higher education institutions.
The U.S. Department of Education has stressed that the institutions revealing information for all programs will help students get a clear idea of earnings of previous graduates which will improve transparency as the data would be provided by the Secretary of Education. The move will hold institutions accountable if they are falsifying the program outcomes.
The department has also planned to update the college scorecard requiring the institutions to provide program outcomes, debt and earnings for all programs so that students have accurate information while making enrolling and borrowing decisions.
“Students deserve useful and relevant data when making important decisions about their education post-high school,” Betsy DeVos, U.S. Secretary of Education said.
“That’s why instead of targeting schools simply by their tax status, this administration is working to ensure students have transparent, meaningful information about all colleges and all programs. Our new approach will aid students across all sectors of higher education and improve accountability,” she added.
The Department has opened the proposed rule to 30-day public comments.