Obama administration initiatives intended to help restrain soaring college costs are facing resistance from schools and from a bipartisan bloc of lawmakers looking to protect institutions in their districts, the Wall Street Journal reported today. Groups representing colleges and universities this week formally opposed the administration's plan to more tightly oversee programs that officials say leave students in steep debt but with weak job prospects. The new rules cover for-profit schools along with career-training programs — those that lead to certificates, but not degrees, in a given field, such as mechanics or cosmetology — at public schools and nonprofits. A bipartisan group in Congress is seeking ways to kill the plan, which the administration wants to have in place by November. (Subscription required.)
http://online.wsj.com/articles/efforts-to-curb-college-costs-face-resis…
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