Another Obama legacy Trump wants to undo: Cracking down on for-profit colleges

The Trump administration took aim late last week at an Obama-era rule designed to crack down on for-profit colleges.

The Department of Education announced Friday that Secretary of Education Betsy DeVos will “press pause” on the gainful employment regulations developed by the Obama administration. The rules require that career training programs, many of which are at for-profit colleges, graduate students whose loan payments don’t exceed 20% of their discretionary income or 8% of their total earnings. Rather than providing students with a degree in a broad field, these programs, which are typically less than four years, prepare students directly for work in a given occupation, such as health care support, cosmetology or mechanics.

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