More specifically, we obtained an ATET of 0.061 for the gainful employment outcome and 0.052 for the substantial gainful employment outcome, but these estimates did not statistically differ from zero.
Finally, while a number of members of Congress submitted comments to the Obama administration opposing the original version of the gainful employment rule in 2011, this year not a single member of Congress wrote to object generally to the rule.
The decision is a setback for the Department of Education, which issued the gainful employment regulations last summer in the middle of an intense Washington lobbying battle waged by the for-profit college industry.
On Thursday, November 6, the national trade association of for-profit colleges, APSCU, sued the Obama administration in federal court in Washington, D.C., to strike down the new 2014 "gainful employment" rule.
The House budget bill never came to fruition, but the amendment to block gainful employment resurfaced two months later in April when the federal government was on the brink of a shutdown.
The complaint repeats many of the claims from APSCU's suit to strike down the 2011 gainful employment rule: that the U.S. Department of Education didn't have the authority to issue such a rule; that the Department has not provided a reasoned basis for the rule; and that the rule is "unlawful, arbitrary, and irrational".
Second, in last year's borrower defense rule meetings under the Obama administration, and in this year's gainful employment meetings under Trump, industry representatives have prevailed upon Department officials to warn negotiators not to single out specific schools for criticism -- an absurd position, given the need to use illustrations to back up arguments.
It is true that PATRICK McENROE made good his escape from the pressures of the professional tennis tour two years ago, finding gainful employment as a color commentator for ESPN and CBS.
In the original draft of the gainful employment rules released this year, the department suggested cutting off federal aid to programs whose graduates could not repay their student loans in 10 years with 8 percent of the income.
Demands from businesses for life-or-death lessons on overcoming adversity and successful risk taking have transformed the adventure lecture circuit from a sideline to a financial mainline for the professional explorer, a career that has not been a route to gainful employment in the past.
