US Dept. of Ed Gainful Employment Disclosures
As part of the Gainful Employment regulations established by the U.S. Department of Education an institution must provide current and prospective students with information about each of its programs that prepares students for gainful employment in a recognized occupation (GE programs) using a disclosure template provided by the Secretary.
Generally, GE Programs include:
- At public and private not-for-profit institutions: Title IV-eligible non-degree programs (e.g., certificate and diploma programs).
- At for-profit institutions: All Title-IV eligible instructional programs, degree and nondegree.
The disclosure of information about a gainful employment program on the institution’s Web site will provide useful information to prospective students and their families. The intent of the provisions in 34 CFR 668.412 is to enable students to make an informed choice about a GE program by making the disclosures clear. These disclosures will allow students to easily view the amount of student indebtedness incurred by students who completed the gainful employment program, the average costs of attending the program, percent of students completing the program within normal time, and job placement rates.