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Federal rule aims to protect students from rogue for-profit schools

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WASHINGTON — The Obama administration is trying to make it easier for students who have been misled or defrauded by their colleges to have their loans forgiven. The Education Department says a rule proposed Monday would lay out a clear relief process for borrowers who believe they were lied to about job prospects after college or otherwise deceived in order to enroll in the school. It also aims to hold schools accused of fraud or at financial risk more accountable […]

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