Saturday, 6 November 2010

New Bill Bans Restrictions on Student Loans at For-Profit Colleges

Shannon Rasberry  For-profit colleges recently gained a Congressional ally in their fight with the federal government over a proposed rule that would regulate their access to federal financial aid based on the ability of their students to repay student loans.

Sen. Jim Risch, a Republican from Idaho, introduced the Education for All Act (S. 3837) on Sept. 23, which would prohibit the U.S. Department of Education from enacting its proposed

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