For-profit colleges try to improve grad rates, hoping for Republican support
Fast-growing for-profit colleges, under fire for saddling students with unmanageable debt, are rolling out new policies aimed at raising graduation rates while also hoping a Republican-controlled House will block unfavorable legislation.
“We have a great opportunity to educate (the newly elected representatives) on the value our sector plays in the higher education system and the economy,” said Harris Miller, president of the 1,800-member Association of Private Sector Colleges and Universities (APSCU). Miller is hoping President Barack Obama’s push to get more Americans to complete college could mean education will become an area of bipartisan agreement in a divided Congress.
The Republicans’ pledge to cut federal spending also could mean less money for student loans and grants,
