LA Times Editorial today say fed money should be cut off
for those for profits with high defaults. Said tuitions should be lowered so poorer students could afford to go without loans. "Using data on loan repayment rates the federal agency will refuse to lend to students in the programs with the worst numbers, and will impose new requirements on schools with dubious numbers." "Reigning In For-Profit colleges" in today's LA Times.
ESI gets about 73% of revenues from govt financial aid according to Value Line.