Court Ruling Is Big Win For Obama, Bad News For For-Profit Colleges

Court Ruling Is Big Win For Obama, Bad News For For-Profit Colleges

Blake Neff A federal appeals court handed a severe blow to for-profit colleges Tuesday, ruling in favor of an Obama administration rule that denies federal funds to programs whose graduates perform badly on the job market. The unanimous ruling, delivered per curiam by the D.C. Circuit Court of Appeals, is withering in its rhetoric, aggressively criticizing the…