With Lobbying Blitz, For-Profit Colleges Diluted New Rules
By ERIC LICHTBLAU
Published: December 9, 2011
WASHINGTON — Last year, the Obama administration vowed to stop for-profit collegesfrom luring students with false promises. In an opening volley that shook the $30 billion industry, officials proposed new restrictions to cut off the huge flow of federal aid to unfit programs.
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Times Topic: For-Profit Schools
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But after a ferocious response that administration officials called one of the most intense they had seen, theEducation Department produced a much-weakened final plan that almost certainly will have far less impact as i