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For-Profit Colleges Look to U.S. House Measure for Rule Relief

For-profit colleges may get another delay in an Education Department proposal to limit their revenue from a U.S. House of Representatives budget measure.

An amendment the House may consider today would block funding for the Education Department’s “gainful employment” proposal, said Representative John Kline, a Minnesota Republican and education committee chairman. For-profit colleges have lobbied against the rule that would tie their eligibility for U.S. government student aid to students’ incomes and loan repayment rates.