For-profit schools lobby to avoid proposed federal aid rule

For-profit colleges and trade schools have launched a high-priced campaign against Obama administration reforms to for-profits’ access to federal aid, the Washington Post reports.  A rally on Capitol Hill has been staged along with the hiring of big-name lobbyists and ads in national newspapers. The proposed regulations target the industry’s recruiting tactics and set as a condition of receiving federal aid that schools’ graduates are “gainfully employed” and making a living wage.

 

Youth Today’s coverage of the for-profit reform.

For-Profit Friends and Foes Duel on the Hill
Education Department to Increase Scrutiny of Proprietary Colleges
Congress Considers New Bankruptcy Rules on Private College Loans