WASHINGTON, DC - JANUARY 17:  Betsy DeVos, President-elect Donald Trump's pick to be the next Secretary of Education, testifies during her confirmation hearing before the Senate Health, Education, Labor and Pensions Committee in the Dirksen Senate Office Building on Capitol Hill  January 17, 2017 in Washington, DC. DeVos is known for her advocacy of school choice and education voucher programs and is a long-time leader of the Republican Party in Michigan.  (Photo by Chip Somodevilla/Getty Images)
Chip Somodevilla/Getty Images
WASHINGTON, DC - JANUARY 17: Betsy DeVos, President-elect Donald Trump's pick to be the next Secretary of Education, testifies during her confirmation hearing before the Senate Health, Education, Labor and Pensions Committee in the Dirksen Senate Office Building on Capitol Hill January 17, 2017 in Washington, DC. DeVos is known for her advocacy of school choice and education voucher programs and is a long-time leader of the Republican Party in Michigan. (Photo by Chip Somodevilla/Getty Images)
Now playing
00:45
NYT: DeVos dismantles college fraud probes
WASHINGTON, DC - JANUARY 17:  Betsy DeVos, President-elect Donald Trump's pick to be the next Secretary of Education, testifies during her confirmation hearing before the Senate Health, Education, Labor and Pensions Committee in the Dirksen Senate Office Building on Capitol Hill  January 17, 2017 in Washington, DC. DeVos is known for her advocacy of school choice and education voucher programs and is a long-time leader of the Republican Party in Michigan.  (Photo by Chip Somodevilla/Getty Images)
Chip Somodevilla/Getty Images North America/Getty Images
WASHINGTON, DC - JANUARY 17: Betsy DeVos, President-elect Donald Trump's pick to be the next Secretary of Education, testifies during her confirmation hearing before the Senate Health, Education, Labor and Pensions Committee in the Dirksen Senate Office Building on Capitol Hill January 17, 2017 in Washington, DC. DeVos is known for her advocacy of school choice and education voucher programs and is a long-time leader of the Republican Party in Michigan. (Photo by Chip Somodevilla/Getty Images)
Now playing
02:07
Betsy DeVos' controversial statements (2018)
SEN Appropriations Subcmte Hearing on Dept of Ed Budget, Betsy DeVos Testifies  LABOR, HEALTH AND HUMAN SERVICES, EDUCATION, AND RELATED AGENCIES SUBCOMMITTEE (Roy Blunt, Chairman)  Hearing to review the Fiscal Year 2019 funding request and budget justification for the U.S. Department of Education  10:15 a.m., Room 124, Dirksen Senate Office Building  Witness: The Honorable Betsy DeVos Secretary U.S. Department of Education
POOL
SEN Appropriations Subcmte Hearing on Dept of Ed Budget, Betsy DeVos Testifies LABOR, HEALTH AND HUMAN SERVICES, EDUCATION, AND RELATED AGENCIES SUBCOMMITTEE (Roy Blunt, Chairman) Hearing to review the Fiscal Year 2019 funding request and budget justification for the U.S. Department of Education 10:15 a.m., Room 124, Dirksen Senate Office Building Witness: The Honorable Betsy DeVos Secretary U.S. Department of Education
Now playing
01:25
DeVos: Won't look at guns to reduce school violence
CORAL SPRINGS, FL - MARCH 07:  U.S. Education Secretary Betsy DeVos speaks to the news during a press conference held at the Heron Bay Marriott about her visit to Marjory Stoneman Douglas High School in Parkland on March 7, 2018 in Coral Springs, Florida.  DeVos was visiting the high school following the February 14 shooting that killed 17 people.  (Photo by Joe Raedle/Getty Images)
Joe Raedle/Getty Images
CORAL SPRINGS, FL - MARCH 07: U.S. Education Secretary Betsy DeVos speaks to the news during a press conference held at the Heron Bay Marriott about her visit to Marjory Stoneman Douglas High School in Parkland on March 7, 2018 in Coral Springs, Florida. DeVos was visiting the high school following the February 14 shooting that killed 17 people. (Photo by Joe Raedle/Getty Images)
Now playing
02:12
Betsy DeVos' competence called into question
WCBS
Now playing
01:01
DeVos: Haven't visited underperforming schools
Education Secretary Betsy DeVos delivers remarks to employees on her first day on the job at the Department of Education February 8, 2017 in Washington, DC. DeVos was confirmed by the Senate after Vice President Mike Pence cast a tie-breaking vote Tuesday.
Chip Somodevilla/Getty Images
Education Secretary Betsy DeVos delivers remarks to employees on her first day on the job at the Department of Education February 8, 2017 in Washington, DC. DeVos was confirmed by the Senate after Vice President Mike Pence cast a tie-breaking vote Tuesday.
Now playing
02:24
DeVos struggles with school safety specifics
Pool
Now playing
01:22
Harvard students taunt Betsy DeVos
CNN
Now playing
01:26
Boos drown out DeVos commencement speech
Betsy DeVos DC school blocked vo_00000000.jpg
WJLA
Betsy DeVos DC school blocked vo_00000000.jpg
Now playing
00:53
Protesters block DeVos from entering school
President-elect Donald Trump and Betsy DeVos after their meeting at Trump International Golf Club, November 19, in Bedminster Township, New Jersey. Trump has offered her the Education Secretary.
Drew Angerer/Getty Images
President-elect Donald Trump and Betsy DeVos after their meeting at Trump International Golf Club, November 19, in Bedminster Township, New Jersey. Trump has offered her the Education Secretary.
Now playing
02:45
Who is Trump's education secretary pick?
betsy devos swear in education secy
betsy devos swear in education secy
Now playing
01:53
Betsy DeVos sworn in as education secretary
Betsy DeVos
CNN
Betsy DeVos
Now playing
01:38
DeVos: Confirmation drama was a bear
Betsy DeVos education secretary senate vote_00003830.jpg
CNN
Betsy DeVos education secretary senate vote_00003830.jpg
Now playing
00:58
Pence breaks tie to confirm DeVos
Betsy DeVos speaks during her confirmation hearing for Secretary of Education before the Senate Health, Education, Labor, and Pensions Committee on Capitol Hill January 17, 2017 in Washington, DC.
BRENDAN SMIALOWSKI/AFP/Getty Images
Betsy DeVos speaks during her confirmation hearing for Secretary of Education before the Senate Health, Education, Labor, and Pensions Committee on Capitol Hill January 17, 2017 in Washington, DC.
Now playing
01:46
Betsy DeVos appears to have plagiarized
CNN
Now playing
00:45
DeVos: Grizzlies can determine school gun laws
(CNN) —  

Department of Education Secretary Betsy DeVos is rolling back another Obama-era regulation that was meant to protect students from abusive practices by for-profit schools and colleges.

On Friday, DeVos said she plans to fully repeal a rule that targeted schools that failed to prepare students for “gainful employment.”

The regulation required for-profit colleges and certificate programs at non-profit colleges to publish information on how much student debt graduates took on and how much they were earning after leaving school. If the average debt-to-income ratio did not meet government standards, the school’s federal funding would be revoked.

The announcement comes two weeks after DeVos said she would replace the “borrower defense” rule that aimed to help defrauded students seek debt relief.

Together, the two rules were an important part of the Obama administration’s crackdown on for-profit colleges like Corinthian and ITT Tech, which were accused of defrauding students and eventually shut down. Corinthian was fined $30 million by the Department of Education for overstating job placement rates and was accused of preying on low-income people with high-interest loans. When ITT Tech abruptly shut down in 2016, it left 35,000 students without a degree and many of those who had completed their program found their degree was worthless because the program didn’t have the correct accreditation.

DeVos froze the two rules more than a year ago so that they could be reviewed and to make sure they would actually help harmed students, she said at the time.

In 2017, before DeVos was sworn into office, the Department of Education said that 800 programs serving hundreds of thousands of students failed the accountability standards because grads’ loan payments were more than 30% of their discretionary income and more than 12% of their total earnings.

About 98% of these programs were offered by for-profit colleges, the department said. One program offered by a non-profit school was a theater arts curriculum at Harvard that later suspended enrollment.

On Friday, DeVos proposed a new rule that would require all schools — both for- and non-profit — to provide data on student outcomes.

“Our new approach will aid students across all sectors of higher education and improve accountability,” DeVos said in a statement.

But a big difference in the proposed rule is that it won’t institute a new standard that schools have to meet in order to keep receiving federal funding. The public has time to comment on the proposal before a rule is finalized.

Consumer groups and Democrats attacked DeVos’ plan for putting the interests of for-profit colleges ahead of students.

“Her extreme proposal to rescind this rule is further proof that there is no line Secretary DeVos won’t cross to pad the pockets of for-profit colleges — even leaving students and taxpayers to foot the bill,” said Senator Patty Murray, a Democrat and ranking member of the education committee.

Democrats have criticized DeVos before for hiring department officials with connections to the for-profit college industry. Last year she named Julian Schmoke, Jr, a former dean at for-profit DeVry University, to lead enforcement activities at Federal Student Aid. In 2016, DeVry settled a lawsuit with the government over a claim that it misled students with a false job placement rate.

Career Education Colleges and Universities, a trade organization that represents for-profit colleges, applauded DeVos’s proposed rule for aiming to “provide complete transparency on the outcomes of today’s higher education programs.”

Senator Lamar Alexander, a Republican and chair of the education committee, called the Obama-era rule “clumsy.”

“This reset gives Congress an opportunity to create a more effective measure of accountability for student debt and quality of institutions,” he said.