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Biden administration tightening oversight of career training program that saddles students with debt

The Biden administration announced a final rule Thursday that aims to protect borrowers from for-profit colleges and certificate programs that have poor outcomes and leave students with “unaffordable debt.” The administration said the final rule has two key elements: strengthening the gainful employment (GE) rule and creating a new Financial Value Transparency (FVT) framework. The…
United States Miguel Cardona Gainful Employment Financial Value Transparency President Biden Education Miguel
Source: yahoo.com

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