Gainful Employment-inspired Bills Pending in California
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14 states are in regular legislative session this week. One of them – California – has bills pending that were inspired by Gainful Employment:
AB 1611 requires the Bureau for Private Postsecondary Education to establish a standard prohibiting an institution from enrolling new students who are using specified student loans for any program offered by the institution in which fewer than 70% of graduates of that program are graduates employed in the field, as redefined by the bill’s provisions.
AB 1619 seeks to preserve the gainful employment debt-to-earnings ratios regardless of Congressional or executive branch action.
Read more about these bills and more in this week’s AACS State Relations Update.
