For-Profit Colleges Are Set to Deliver Data to Sen. Harkin

At a hearing on for-profit colleges earlier this summer, the chairman of the Senate education committee, Sen. Tom Harkin, lamented that lawmakers know too little about for-profit higher education, a sector that receives nearly a quarter of all federal student aid.

"There is much that we don't know," the Iowa Democrat said, citing gaps in the data surrounding graduation and employment rates, spending, and student-loan defaults. "More broadly, we don't know exactly what risk we are

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