Industry Regulation
WASHINGTON - One of the tools that teachers use to get kids jazzed about science - hands-on science kits - could face an uncertain future amid a debate on safety.
The U.S. Education Department said Friday it will take more time to finalize new regulations targeting for-profit college job-training programs, but emphasized it was intent on moving forward and holding the sector accountable.
WASHINGTON - The departure of President Barack Obama's top economic adviser at the end of the year could provide the White House with an opportunity to revamp its economic team after the November elections, when voters are expected to take out their anxieties on Democrats.
BOSTON - Citigroup Inc. is exiting the private student loan business, as the government changes the playing field by making Uncle Sam the primary lender to students.
The number of college students who defaulted on their federal student loans climbed in the fiscal year that ended in September 2008, according to new government data released Monday.
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