Arlington, VA (July 2, 2019) — The National Association for College Admission Counseling (NACAC) announced today that it strongly opposes the Department of Education’s decision to eliminate the gainful employment regulations, which are critical to helping ensure that our nation’s tax dollars are effectively used to help students obtain a quality education.
For nearly a century, there has been a repeated pattern of unscrupulous colleges prioritizing their own financial interests ahead of students’ educational interests. The Department of Education finally took steps to address this chronic problem by implementing the gainful employment regulations in 2015. These regulations sought to ensure that institutions provided an adequate education and prevented unscrupulous colleges from subjecting students to high-pressure recruitment tactics that left students with unpayable debts, academic credits that would not transfer, worthless certificates or degrees, and few (if any) improved employment prospects.
By repealing these regulations, the Department of Education has undermined its mission, hindered the educational prospects of thousands of students, and put billions of taxpayer dollars at risk.
The National Association for College Admission Counseling (NACAC), founded in 1937, is an organization of more than 15,000 professionals from around the world dedicated to serving students as they make choices about pursuing postsecondary education. NACAC is committed to maintaining high standards that foster ethical and social responsibility among those involved in the transition process, as outlined in the association's Code of Ethics and Professional Practices.
Expand / Collapse All