For-profit schools could get portion of federal funding
Filed in archive Articles of note... by mstandaert on March 07, 2005
Congress is considering a measure that would relax restrictions on for-profit colleges, making them eligible for a greater portion of federal funding.
The College Access and Opportunity Act, introduced Feb. 8 by Rep. John Boehner, R-Ohio, would redefine " an institution of higher education&lrquo; to include for-profit schools, allowing them to compete with traditional colleges in applying for campus-based aid.
The aim of the proposal is to even the playing field for students at for-profit institutions, said Alexa Marrero, press secretary for Rep. Boehner's office.
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