For-Profit Colleges Sue Obama Administration, Again
A new set of rules designed to regulate for-profit colleges caused industry lobbyists to file a lawsuit against the Obama administration. According to the lobbyists, the rules are arbitrary and unconstitutional.
The rules released the last week of October are an amended version of the gainful employment regulations proposed by the Obama administration earlier this year.
Under the rules, for-profit colleges would not receive federal funding for career training programs if their graduates graduate with a lot of debt but find only low-paying jobs.



