What Do “Gainful Employment” Regulations Accomplish?

What Do “Gainful Employment” Regulations Accomplish?

"The Biden administration will soon implement a set of regulations that are commonly known as “Gainful Employment.” 

These regulations would restrict some college programs’ eligibility to participate in federal financial-aid programs like Pell grants and student loans.
The Higher Education Act, originally passed in 1965 and amended many times over the years, includes a provision that requires “vocational” programs to prepare students for “gainful employment.”...

As a matter of logic, this definition fails miserably. 

Under it, a 

• master’s in business administration from the Wharton School is not considered vocational, 
• but a master’s degree in social work from a for-profit college is. 

Unfortunately, when you pit logic against the law, the law wins...