Latest Gainful-Employment Proposal Pleases No One

The Education Department took heat from both sides of the negotiating table on Monday, with for-profit-college leaders arguing the agency had gone too far with its latest "gainful employment" proposal, and student and consumer advocates saying that it had not gone far enough.

On one side of the room sat Margaret Reiter, a former deputy attorney general of California who has prosecuted several for-profit colleges, and Barmak Nassirian, a state-college lobbyist and a vocal critic of the