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Former Financial Aid Administrator Speaks at Gainful Employment Press Conference

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Published on Feb 22, 2011

Rashidah Smallwood, a former financial aid administrator with both the University of Phoenix and ITT Technical Institute, spoke at the press conference held by Campus Progress on Thursday, Feb 17, 2011. She told the audience of egregious practices by ITT Tech of gaming the financial aid system.

That same day, the House of Representatives voted on an amendment to the continuing resolution budget bill that would de-fund a relatively obscure regulation on the for-profit higher education industry that hasn't yet been implemented. The fight is over something called the "gainful employment" rule, which would cut off funding to for-profit career education programs that leave students in a disproportionate amount of debt or whose graduates can't earn enough compared to their debtload.

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