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June 30, 2017 – Washington, DC – The following statement can be attributed to Steve Gunderson, CECU president & CEO in response to the announcement from the Department of Education that they will delay the gainful employment rule: “We applaud the Department of Education for delaying the gainful employment rule. The rule is clearly flawed. Recent studies and court rulings prove this rule needs to be revisited. Now, through public comments and negotiated rulemaking, all stakeholders involved have a chance to identify the shortcomings of this regulation. We look forward to working with the Department and others to constructively develop a new source of information for all college career programs that shares with students the incomes for their chosen profession and the average amount of debt for their academic studies.”
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