October 30, 2009 at 19:03 PM EDT
Financing Woes Hurt ITT Tech Profit Report
Commercial schools tend to do well in tough economic times. Workers tend to return to school to get new marketable skills. But it hasn't happened so much this time. Yes, enrollment is up at for-profit institutions. But there've been problems. One, the financial crisis has meant less money for student loans, and some schools have stepped in to lend students the money themselves. Also, Congress has promised hearings after a government report shows
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