For-Profit Schools to Face Penalties for High Debt Loads, Low Incomes of Graduates

For-Profit Schools to Face Penalties for High Debt Loads, Low Incomes of Graduates

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Education Secretary Miguel Cardona contends that students should be protected from programs that don’t deliver upward mobility. For-profit colleges that leave student borrowers with high debt loads and low incomes will risk losing out on federal student aid funding under a new rule proposed by the…

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