Friday, December 9, 2011

For-Profit College Rules Scaled Back After Lobbying - NYTimes.com

For-Profit College Rules Scaled Back After Lobbying - NYTimes.com:

With Lobbying Blitz, For-Profit Colleges Diluted New Rules

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.

Associated Press Photo

Cass R. Sunstein, the White House official who oversees rulemaking, described the industry’s aggressive efforts regarding for-profit schools as “extreme.”

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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