February 15, 2008
House Leaders Agree to Keep Default-Rate Plan
Under pressure from for-profit colleges, Democrats in the U.S. House of Representatives agreed last week to modify a proposal in a key higher-education bill that could have put hundreds of such institutions out of business.
The revised plan, which was included in a "manager's amendment" to legislation to renew the Higher Education Act that the House was expected to debate late last week, would allow colleges to have higher default rates without losing their eligibility to award federal
This content is only for subscribers. You can gain access by purchasing a:
Print Subscription
Digital Subscription
Already have an account? Log In Now.
-
The Chronicle Review
-
Government
-
Advice
