Colleges Seek Exemption From Proposal on Loan Applicants' Privacy

Higher-education lobbyists are asking that the Federal Trade Commission exempt colleges from proposed regulations designed to protect the privacy of loan applicants. Colleges should not be affected, the lobbyists said, because they already are restricted from distributing most personal information about their students.

The proposed rules, which were published in the March 1 Federal Register, would carry out changes that Congress made last year to a law