An adjunct professor talks about the shoddy practices at for profit colleges and their poor record in finding employment for the students. He approves of a new proposal by the Department of Education to reign in these schools, which rake in piles of student loan money.

The Department of Education has proposed a “gainful employment” rule, which would cut financing to for-profit colleges that graduate (or fail) students with thousands of dollars of debt and no prospect of salaries high enough to pay them off.

I love this proposal, but I predict that nearly all college would take a hit on this. I'm linked up on Facebook with many of my former students from the very affordable public college that I used to teach at. One just got a job at Starbucks. Another is employed at Toys R Us.

Also, what graduate program did this poor adjuct attend? Surely, it would fail the "gainful employment" rule.