California headed for cuts for for-profit students


California's student aid commission said on Friday that aid funds going to students at for-profit schools should be slashed first when the state cuts its education budget, Reuters reports. The U.S. Education Department has criticized some for-profit schools, which range from universities offering PhD's to trade schools offering car-repair training, for low graduation rates and high loan default rates. The California Student Aid Commission, which administers financial aid programs, voted
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