Topic: Education Management Corporation
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Why some for-profit colleges could lose eligibility for federal aid
Some programs at for-profit colleges aren’t satisfying the Obama administration’s ‘gainful employment’ rule for graduates, according to new data from the US Education Department.
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'Financial aid' curbs on for-profit colleges: Too lenient?
Financial aid dollars from the US government represents up to 90 percent of revenues of for-profit colleges. When the Department of Education laid down new conditions for financial aid access, the colleges' shares didn't tank. They soared on Wall Street.
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