Weaning Colleges Off Title IV FundsOctober 20, 2016 | :
by Preston Cooper
After the government-induced collapses of high-profile for-profit colleges such as Corinthian and ITT Tech, at least one education company has decided it wants to stay ahead of regulators. DeVry Education Group, which operates the eponymous for-profit college along with a slew of other proprietary schools, recently announced that it would try to limit its funding from federal student aid programs such as Pell Grants and student loans to 85% of its revenue intake. More schools should follow its lead.