April 28, 2014

For-Profit Colleges Spend Big On Lobbyists to Fight Obama Regulation

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With the May 27 deadline approaching to submit comments to the U.S. Department of Education, big for-profit colleges are pulling out all the stops to gut the Obama Administration’s proposed “gainful employment” rule, which is aimed at curbing predatory career training programs.  Taking some of the $33 billion a year they’ve been getting from taxpayers,
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