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BMO Capital Markets

Oct 14, 2010

For-profit schools reel as rules affect enrollment

The nation's largest for-profit college says it will take a big hit to enrollment a�� and its bottom line a�� as it tightens admission practices. The move comes as the government ramps up regulation of an industry which critics say preys on lower-income students and leaves them with hefty debt loads and meager job prospects.

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