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October 31, 2014

For-profit programs face ‘gainful employment' test

  • The Education Department estimates that about 1,400 programs serving 840,000 students won't pass.
    • By KIMBERLY HEFLING
    AP Education Writer

    WASHINGTON — For-profit colleges with graduates unable to pay back their student loans could soon face scrutiny by the federal government.

    Schools with career-oriented programs that fail to comply with the new rule announced Thursday by the Obama administration stand to lose access to federal student-aid programs.


     
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