It seems like everyone is out to make a quick buck these days, and some people and institutions don't mind who they hurt in order to do it. You'd think the one place where this wouldn't be would be college campuses. But you'd be wrong. The past couple of decades have seen a significant rise in for-profit colleges and universities, and, unfortunately, many of these are built to take advantage of unsuspecting, naive students.

New federal rules have been put in place recently to protect students, but these rules also serve to highlight just how dishonest some of these schools can be.

How can you protect yourself? As they say, knowledge is power. Knowing what to look out for can make a huge difference. Having a good attorney on your side is power too, though. The LLF National Law Firm was founded to protect students.

If you even suspect your college or university is treating you unfairly, don't wait. Call us today at 888-535-3686 or use our automated online form.

The New Gainful Employment Rule

We grow up hearing how essential a college education is to getting a good job and establishing a career. It's no wonder, then, that so many kids see college not just as a luxury but as a necessity. That's not a bad thing. There are lots of great schools out there, schools that don't just give students an education but improve their earning potential.

The thing is, not all schools are created equal. And not every degree is a path to financial stability. There are colleges and universities out there that are willing to accept virtually any students, even those who aren't prepared for college study. They'll happily charge them exorbitant fees and encourage them to take out big loans, all while promising them bright futures that the schools themselves can't actually deliver.

The federal government's new rules, passed in early September 2023, are designed to address these sorts of predatory practices. In simple terms, they require colleges and universities to provide students with concrete, accurate facts about the earning potential they'll have when they graduate. Students deserve to know whether they are likely to find “gainful” employment and whether that employment will be enough to help them pay off their educational loans.

Yay?

Without question, these kinds of reforms are desperately needed. They'll not only protect students but also help limit the number of worthless degrees the federal government—meaning, the taxpayer—must cover when students default.

And yet, these reforms reveal just how corrupt the U.S. system of higher education has become in some instances. There are schools out there that operate pretty much like con men, looking to trick students out of their money. The Gainful Employment rule will certainly help, but there are plenty of other cons to run and loopholes to exploit.

If you should find yourself a victim of a school's predatory practices, you have a right to defend yourself. Colleges and universities are powerful institutions, but the government has begun to call out their excesses, and you can fight them. The LLF National Law Firm's Student Defense Team can help, even if that requires litigation in order to hold them accountable.

Trust the LLF National Law Firm

The LLF National Law Firm knows how schools operate. They also know what the law says and how to use the law to protect their student clients. The firm's attorneys are dedicated to making sure you're treated fairly and that you get every opportunity to earn an affordable education.

For more information, call 888-535-3686 today or use the automated online form.