New rules hold schools more accountable for graduate jobs

Educational institutions that collect tuition — and thus play a role in students piling up debt — will be held more accountable for those students’ job prospects upon graduation.

New federal laws that went into effect this month establish more stringent standards for colleges in terms of preparing students for gainful employment — that is, jobs that can reasonably be expected to help the students settle debt accumulated in college.

The change comes amid growing criticism that colleges — and, in particular, for-profit schools — are cashing in on students’ loans and grants for training that does not truly prepare them for high-skilled jobs.

Read more from the Kansas City Star

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