Minnesota Daily — Obama succumbs to higher ed lobby

Wednesday, 14. December 2011

The Minnesota Daily

December 14, 2011

Editorial – Obama succumbs to higher ed lobby

Obama had promised to cut tens of billions of dollars in federal aid toward colleges whose graduated students weren’t earning enough money to pay back their loans — numbers which the Washington Post reports are “staggering.” In all, 16 percent of the schools were supposed to be affected by the tough regulations. Instead, a mere 5 percent are, and restrictions are not nearly as tough as they should be.

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