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For-profit colleges slammed by data from student loan repayment

August 19, 2010 by  
Filed under Student loans

Investors react to a Department of Education report that shows nearly two-thirds of the schools’ students aren’t repaying their federal loans. Stock prices of for-profit colleges plummeted and calls for stronger government regulations mounted as investors and consumer advocate groups alike reacted Monday to an Education Department report that showed nearly two-thirds of the schools’ students …

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