Sen. Harkin Presses Education Dept. on Effectiveness of Gainful Employment Rule

The Education Department defended its controversial "gainful employment" rule at a U.S. Senate hearing on student debt on Tuesday, calling it a "significant step forward" that would improve graduation and default rates among for-profit colleges.But Sen. Tom Harkin, the Iowa Democrat who held the hearing, said the rule would not do enough to protect students and taxpayers from underperforming programs, and he promised stronger legislation focused on the sector. Sen. Harkin Presses Education Dept. on Effectiveness of Gainful Employment Rule