December 13, 2012

Senators Demand Probe of For-Profit College Circumvention of Student Loan Default Rules

Eight U.S. Senators today sent a letter to U.S. Secretary of Education Arne Duncan calling on him to investigate tactics used by some major for-profit colleges to circumvent rules aimed at reducing student loan defaults.  A report issued in July by Senator Tom Harkin’s Health, Education, Labor, and Pensions (HELP) committee documented that several big for-profit
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