‘Dropout Factories’ Should Lose Federal Student Aid, Study Says

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As the Education Department grapples with a proposal to rate U.S. colleges, a nonprofit group is recommending cutting aid to schools that fail to improve on metrics such as completion rates and loan repayment.

The government should leverage student aid and tax benefits to protect students and keep taxpayer dollars from underperforming schools, according to a report released today by the Washington-based Education Trust.