Darren Gold, new president and CEO of Heald College, appeared on Sunrise to talk about new federal regulations targeting for-profit schools.
The Education Department is proposing make it federal law that in order for students of for-profit schools remain eligible for federal aid the schools must ensure students are able to repay the debt through reasonable employment. Officials cite low employment placement rates for the new law, saying students aren't finding jobs and are being left with a burden of debt.
"We've been enrolling, graduation and placing students at exceptional rates so we welcome the regulations we think we have an obligation to our taxpayers and our students to do an exceptional job we're very proud of what we do and it really doesn't change anything for us," said Gold.
Gold went on to say Heald's placement rate last year was 84-percent in fields of study.
Watch the video for the interview in its entirety.
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