If the departing secretary of education, Arne Duncan, has any regrets about his supervision of higher education, it’s not cracking down on “bad actors” in the for-profit-college sector sooner.
Speaking to reporters on Monday, Mr. Duncan, who has served as secretary since the start of the Obama administration and who announced this month that he planned to step down in December, twice said he wished he’d issued the “gainful employment” rule earlier than in 2009.
The rule, which took effect in July after years of delays and lawsuits, cuts off federal aid to programs whose graduates struggle to repay their student-loan debts.
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