There is a current effort to crack down on for Profit Colleges that currently have access to grants and loans estimated to be in billions of dollars range . As we have talked about in class, students that attend for profit colleges may end up with a large amount of debt or unable to use their degree for the license needed for their profession. The goal of the new rules are to hold for profit colleges accountable. However, it seems that a number of colleges and universities are siding with for profit colleges. It was shared that one of the reasons for the shift is that the new regulations are not strong enough to weed out those problematic for profit colleges.
http://www.huffingtonpost.com/2015/05/05/higher-ed-lobby-rules_n_7215986.html?utm_hp_ref=education&ir=Education
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