White House crackdown on for-profit colleges begins today

The Obama administration is cracking the whip on for-profit colleges. Starting Wednesday, the Department of Education will make sure students don’t take on more debt than they can handle by holding schools accountable for the return on investment of their degree programs. In many cases, especially with for-profit colleges, institutions have over-promised earning potential and students have taken on mountains of debt that they can’t repay.

Read the source article at CNNMoney


Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s