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Witnesses urge keeping gainful-employment and financial-value transparency rules to protect students from poor-value programs
Summary
Experts told a House subcommittee that gainful-employment and financial-value transparency rules are essential accountability tools for program-level outcomes and that publication of already-collected data would help students compare programs before enrolling.
At the hearing, witnesses emphasized that program-level accountability — not just price transparency — is necessary to protect students and taxpayers from low-value credentials.
Amy Laitinen of New America told the committee that the gainful-employment rule and the Financial Value Transparency (FVT) rule act as regulatory backstops to protect students from risky certificate…
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