Colleges Scramble to Avoid Violating Federal-Aid Limit

Colleges Scramble to Avoid Violating Federal-Aid Limit | Goldie Blumenstyk | Chronicle of Higher Education | 8 April, 2011

The article reports on ways in which U.S. for-profit universities are attempting to comply with the federal government’s regulations which require that at least ten percent of their revenue come from sources other than federal student loans. It focuses on a decision by Corinthian Colleges Inc. to increase tuition for students in order to avoid violating the law and provides criticism regarding ways in which this increase will impact student loan debt.

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