NAICU - For-Profit Colleges Face Curbs on U.S. Aid in New Veterans Bill

New College Affordability Measures

Initiatives being launched in 2012-13 to help keep students' and families' out-of-pocket costs as low as possible. Tuition cuts and freezes, three-year degree programs, and more. Complete list.

NAICU Statement on President Obama's Higher Ed Proposals

NAICU President David Warren commends the president's commitment to student assistance, and calls for avoiding unintended consequences for students. More

Net Tuition Price Falls 4.1% at Private Colleges

Inflation-adjusted net tuition and fees at private colleges actually dropped 4.1 percent in the last five years, according to a recent College Board report. More

News Search of the Week

Here's what the media are saying about:

Student Loans

. . . or visit either our short list of hot topics or our full search-by-topic list to browse news and commentary on any of 100+ higher ed topics.

Banner images provided by Creighton University.

Home

News Room

For-Profit Colleges Face Curbs on U.S. Aid in New Veterans Bill

Bloomberg News

January 22, 2012

Proposed legislation, to be introduced tomorrow by Senate Democratic leaders, would require for-profit colleges to get no more than 85 percent of their revenue from federal programs, according to a summary from the office of Illinois Senator Richard Durbin, a co-sponsor. Colleges now can receive as much as 90 percent. They would lose federal funding for exceeding the cap for one year, instead of the current three. Colleges solicit the military because their government tuition programs are excluded from the cap on federal money, said Senate education committee Chairman Tom Harkin, the other sponsor.

Related Material

Read the full article...