The Department of Education admits failing to include black students in its calculation of loan repayment rates in run-up to gainful employment. The mistake will fuel for-profit claims of unfair treatment by feds.
Senators seek guidance on how to encourage innovation without opening aid floodgates to "bad actors," and a group of 17 institutions with competency-based programs calls for a careful approach by policy makers.
Education Department turns up heat on for-profits with job-placement-rate scrutiny, three months before gainful-employment rules kick in. But lack of federal standards for placement rates causes confusion.