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Vox: The Obama Administration Wants to Close 1,400 Programs at For-Profit Colleges. Here’s How.

By Libby Nelson

“The Obama administration is trying again to regulate for-profit colleges, the latest battle in a long fight. New rules published Thursday will cut off federal aid to career training programs where the average graduate ends up spending more than 8 percent of their discretionary earnings, and 20 percent of their total earnings, on federal loan payments.” Read more here.