July 23, 1999
Education Dept. Proposes Rules on Tuition Discounts Offered by Proprietary Schools
The Education Department proposed rules last week that would discourage for-profit trade schools from offering "discounts" in order to remain eligible for federal financial-aid funds to provide to their students.
Federal law requires trade schools to earn at least 10 per cent of their revenue from sources other than student-aid funds. The department has found that some schools have artificially inflated tuition in order to offer
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