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Obama Administration Takes Aim at Some For-Profit Colleges
The Wall Street Journal (online registration required): WASHINGTON—The Obama administration identified hundreds of for-profit college programs Monday that are in danger of closing due to new rules designed to punish schools that leave students with high levels of debt, but weak job prospects.
If the high-debt levels continue, those colleges could lose access to federal student loans and grants, which most schools rely on for most of their revenue. Nearly a tenth of all career-training...
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