U.S. Education Dept. Delays Rules on For-Profit Colleges
(New York Times) — The Education Department said Tuesday that it had split off and delayed a decision on the most controversial part of proposed new student-aid regulations — the treatment of for-profit college programs whose graduates do not earn enough to repay their loans. While a package of proposed new student-aid regulations was released Tuesday, a department official said no decision had been reached about what debt-to-income ratio would make for-profit programs ineligible for federal aid.
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