January 30, 2008
For-Profit Colleges Lobby Against Proposed Change in Calculating Student-Loan Default Rates
Washington
Representatives of more than 50 for-profit colleges and universities descended on the Capitol on Tuesday to lobby Congress to reject a proposed change in federal law that could make dozens, if not hundreds, of proprietary institutions ineligible to award federal student aid.
The proposal, which is included in legislation to reauthorize the Higher Education Act that the U.S. House of Representatives could take up as early as next week, would modify the way the Department of
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