Some for-profit colleges may lose access to U.S. government aid as the Department of Education works to improve oversight of the sector.
Colleges that pay recruiters based on how many students they sign up could be disqualified from participating in federal-aid programs, Bloomberg News reported. The student aid is worth $26.5 billion and can account for as much as 90% of company revenue.
The…
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For-Profit Colleges Could Lose Federal Aid originally appeared on DailyFinance on Mon, 22 Nov 2010 06:49:00.
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