Under siege, for-profit colleges cry foul over new federal rules

&quot;Several Republicans have criticized the regulations as expensive and unauthorized. They also contend that regulating for-profit colleges should be the role of Congress, not the Obama administration.&quot;<p>Uh.. So according to Republicans, Congress is more qualified to make regulations concerning education than the DEPARTMENT OF EDUCATION? Oh right, it&#x27;s a Republican congress...

Enlightening:<p>&quot;Though students at for-profit institutions represent only 11 percent of college students, they make up 44 percent of students who default on their loans, according to the data.&quot;