Feds offer students new protections against programs that lead to high debt, low pay

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"There is nothing valuable about being ripped off or sold on a worthless degree," U.S. Education Secretary Miguel Cardona said at a press briefing announcing the final rule. He is shown here in January 2022 in Washington, D.C.

The Biden administration is cracking down on for-profit college programs that don’t adequately prepare graduates for gainful employment and leave them with unaffordable loans.

(Image credit: Chip Somodevilla/Getty Images)

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