The Le Cordon Bleu Institute of Culinary Arts in Pittsburgh is closing next year. Normally, this wouldn’t really phase me much, as I don’t have any interest in attending culinary school. I like to cook, but I’m more of a weekend warrior in that regard. I am, however, generally interested in local Pittsburgh news, so I read the Post-Gazette’s analysis of the closing.
Pretty standard fare, until you get to the bottom, which caused all of my hair to promptly fall out.
“As a for-profit institution, CEC has faced increasing pressure from the Obama administration and Senate Democrats in the past year. A proposed “gainful employment” rule from the Department of Education would deny federal funding to schools with graduates facing high proportions of debt related to their expected salaries. In 2010 a two-year associate’s degree from Pittsburgh’s Le Cordon Bleu cost $42,660. According to financial aid data for the 2008-09 school year, 47 percent of all students received federal student loans, worth more than $6.5 million to the school. Mr. Miller cited the “gainful employment” rule as a major factor in CEC’s decision to close the Pittsburgh school, and he predicted that it would soon affect other for-profit schools in the area.”
Let that sink in a moment. The school is closing because of pressure directly from the Obama administration.