Rule Aims To Hold For-Profit Schools Accountable For Grads’ Success, But May Fall Short

Rule Aims To Hold For Profit Schools Accountable For Grads’ Success, But May Fall Short

(Sapurah Lashari)

The Dept. of Education has been trying for years to craft a “gainful employment” rule that would penalize schools — mostly for-profit career training programs — by taking away access to federal funds if they fail to provide the adequate tools for their students to find work. Two years after failing to enact a heavily compromised version of these rules, the Ed. Dept. folks have unveiled the latest version with stricter guidelines, but which some consumer groups say don’t do enough to protect students at these schools.

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The Streets Of R-Ado

The Streets Of R Ado

I felt like a spy within my own company. It was a hot summer day in 2003 and I was at the DaimlerChrysler proving grounds in Laredo, Texas to attend a focus group on the upcoming 2006 Mercedes-Benz R-Class minivan/crossover/sport touring wagon. My dozen or so fellow attendees were all wealthy owners…

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1-In-4 Americans Turn To Payday Loans & Other High-Cost Financial Products

1 In 4 Americans Turn To Payday Loans & Other High Cost Financial Products

(Belinda Hankins Miller)

When discussing the topic of payday loans — or other high-cost, short-term financial products like auto-title loans and check-cashing — there can be a tendency to treat them like something that only a small percentage of Americans use. But a new report from the FDIC confirms that 25% of us have turned to one of these potentially predatory services in the past year, and that this rate has not been going down.

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