The New York Times reports that the for-profit college industry spent more than $16 million to lobby the Obama Administration for watered-down regulations that threatened to strip for-profit schools for eligibility for federal student loans if their schools failed to meet standards relating to graduates' gainful employment. The lobbying effort was backed by officials connected to Kaplan University and University of Phoenix, among others.
If you have a concern about a for-profit college's enrollment or placement practices, contact The Googasian Firm, P.C., 1-877-540-8333.
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