Friday, July 23, 2010

For-Profit Education

For-Profit Colleges Face Risk Under New Rule - Article from The Chronicle of Higher Education July 11, 2010.

These 20 institutions could be found in violation of a new federal rule on student-loan defaults if it took full effect today instead of in 2014, as planned. The colleges could escape risk by lowering their default rates before then. Colleges in violation can lose eligibility for federal student aid. For-profit institutions appear disproportionately affected by the new rule.

Full story: http://chronicle.com/article/For-Profit-Colleges-Face-Risk/66215/

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