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Caribbean Medical Schools Would Face U.S. Loan Hurdle Under Bill

Caribbean medical schools would have a harder time accessing federal loans for their U.S. students under a bill U.S. Senator Richard Durbin plans to propose today.

The Illinois Democrat and Senate majority whip aims to eliminate exemptions to loan rules to ensure U.S. taxpayers aren’t financing foreign for-profit medical schools that saddle many students with mountains of debt and questionable outcomes.