New Research Shows That 89% of Programs Failing Gainful Employment Would be at Public and Private Nonprofit Institutions Were it Applied to All Programs
February 14, 2022
Arlington, VA – A report released earlier today by the Texas Public Policy Foundation (TPPF), a 501(c)3 non-profit, non-partisan research institute, reveals that if the Obama administration’s gainful employment debt-to-earnings test were applied to all programs at all higher education institutions, then 51% of failing programs would be at private nonprofit institutions and 39% of failing programs would be at public institutions. 11% of programs that fail gainful employment under TPPF’s analysis would be at for-profit institutions. TPPF finds that “…by excluding degree programs at public and private nonprofit universities, gainful employment missed the vast majority of programs that leave their students with excessive student loan debt.”
