- The Department of Education's "gainful employment" data both helped and hurt for-profit colleges this week, but California's budget cuts will only hurt them.
- California Gov. Jerry Brown signed the state's new budget on Wednesday, cutting $134 million from the Cal Grant financial aid program.
- For-profits such as the University of Phoenix and ITT Technical Institute are among those who will have a much more difficult time getting access to financial aid money as a result.
From the article:
For-profit colleges took a hit this week in California, another sign that policy battles over the commercial higher ed sector may be shifting to the states.
Gov. Jerry Brown on Wednesday signed the state's budget, which he said reflects “tough choices” to close a $16 billion shortfall. ...