Back
In repealing “Gainful Employment,” the U.S. Department emphasized the role that transparency and public information could play in holding higher education institutions accountable. The idea is that such information would allow students to make informed enrollment and borrowing decisions. But, while a greater amount of accessible information about programs and colleges is undoubtedly necessary, this report says transparency alone is unlikely to be sufficient to meaningfully improve student outcomes given the complexity of college prices and aid, especially for students that come from communities without a tradition of college-going on which they can rely.