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The NY Times is calling for stricter federal regulations aimed at colleges that saddle students with crushing debt and few job prospects.  In an editorial, the Times wrote, "The Obama administration’s proposed rules that would deny federal aid to career training programs that saddle students with crushing debt and useless credentials are a clear improvement over the disastrous status quo. But they will need to be strengthened to fully protect students and taxpayers from predatory for-profit schools that rely on federal student aid for up to 90 percent of their revenue and are well versed in the art of evading the law."
 


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