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Reining in For-Profit Higher Education

Business is booming at the country's for-profit schools. But evidence is mounting that many of these schools leave students loaded down with unmanageable debt and insufficient training to make them competitive in the job market. On July 23, the Obama Administration proposed tough new regulations that would cut off federal financial aid to for-profit school programs whose students take on the highest amounts of debt and have the worst record of repayment, and restrict enrollment at hundreds of others. This Friday, the New America Foundation's public policy blog Higher Ed Watch will bring together key Obama Administration official James Kvaal and two outside policy experts to take a closer look at the controversial "Gainful Employment" proposal and its implications for for-profit schools and the nearly two million students they serve.
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