For-profit schools could get portion of federal funding

Mar 7th, 2005

From the Daily Tar Heel.

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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