Reducing Federal Loan Eligibility Would Hurt Students at For-Profit Colleges: Colleges Don’t Need More Authority to Limit Student Aid Options
Some for-profit college industry lobbyists blame students for the high debt and default levels at their schools, claiming that their students borrow more than they need in federal loans. However, there is no evidence to support this claim, and giving colleges greater authority to reduce aid eligibility will make it harder for students to pay for and complete college.
