Nowhere to Go - Paul Fain, Inside Higher Ed

Up to 44 percent of students at for-profit colleges could lose access to federal financial aid under proposed “gainful employment” regulations, according to a new report from the sector’s trade group. And many of those students lack other educational options in their academic field or geographical area. “The impact will be very large” if gainful employment is enacted, the report said. “And the alternatives for the students impacted will be very limited.” The Association of Private Sector Colleges and Universities (APSCU) commissioned the study. Jonathan Guryan, an economist at Northwestern University, and Matthew Thompson of Charles River Associates, a consulting firm, are its authors. http://www.insidehighered.com/news/2014/05/27/gainful-employment-will-hit-profits-and-their-students-hard-industry-study-finds#sthash.GF7nWbbE.dpbs