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(Image from article: "9 states, D.C. receive 'Race to the Top' education funds")

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New rules to rein in for-profit colleges

The U.S. Education Department has issued tougher rules regulating and financing for-profit colleges, whose students disproportionately default on college loans.

9 states, D.C. receive 'Race to the Top' education funds

The U.S. Education Department said Tuesday that nine states and the District of Columbia will get money to reform schools in the second round of the $4.35 billion "Race to the Top" grant competition.

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