Comment 'Gainful Employment' rules already in US (Score 1) 463
For-profit colleges whose programs do not lead to student earnings adequate to repay student loans risk having their access to Federal funds cut off, according to a June 2, 2011 press release: Obama Administration Announces New Steps to Protect Students from Ineffective Career College Programs
http://www.ed.gov/news/press-releases/gainful-employment-regulations