June 14, 2017 - Washington, DC - Steve Gunderson, president and CEO of CECU, issued the following statement in response to the Department of Education’s notice to delay Borrower Defense and reopen negotiated rulemaking on both borrower defense and gainful employment:
We commend the Department for moving forward to begin conversations that will really protect students from academic fraud. Our sector has consistently supported this premise. Unfortunately, the Obama Department of Education chose to use this basic concept as a vehicle to continue their ideological assault on our sector’s very existence. Now we can correct that with a clean Borrower Defense regulation that protects both students from academic fraud and their schools from ideological efforts geared to destroy postsecondary career education.
The Gainful Employment regulation in its current form hurt students by denying access and by defining success in dramatically different terms depending upon the location of that student's school. We look forward to working constructively to identify ways to provide students with the information they need on occupational incomes and program costs in ways that enable them to make the right decisions for their career.