For-Profit Law School Blocked From Student Loan Programs (1)

The Biden administration is taking its first stand against for-profit colleges, signaling plans to increase scrutiny of the schools.

The Education Department denied an appeal by Florida Coastal School of Law to participate in federal student aid programs, saying it failed to meet the required standards.

The move marks a reversal from the Trump administration, which loosened oversight of such schools, and demonstrates President Joe Biden’s promise to stop them for potentially profiting off of students. For-profit institutions, like most colleges, rely on access to federal loans for enrollment.

Richard Cordray

Photographer: Andrew Harrer/Bloomberg

“We’re going to be tough but fair with the for-profit ...