Rules would limit financial aid at for-profit colleges

Posted May 4, 2010 at 6:57 a.m.

From Bloomberg News | The Obama Administration is expected in the next few weeks to proposed new, tougher rules for-profit education companies such as Hoffman Estates-based Career Education, limiting the amount of federal financial aid and cutting the companies’ annual revenue growth. The companies are lobbying against such changes.

Get the full story: businessweek.com

 

2 comments:

  1. jack (the real one) May 4, 2010 at 8:31 a.m.

    How about all the “nonprofit” colleges that are nonprofit only in that they don’t pay taxes?

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