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Education Department seeks to ease new program approval process

The U.S. Department of Education on Tuesday proposed to make approval procedure for new programs easier under the ‘gainful employment’ education rules, which was finalized last October, to make for-profit education companies more accountable for federal aid, Reuters reports. These set of rules, that go in effect from July 2013, were drafted after for-profit colleges were criticized for burdening students with unpayable debt but no jobs…

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