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Sanford-Brown Colleges Shutting Down Operations Across the Country

New Student Aid Regulations May Put 1,400 For-Profit Colleges at Risk of Failure

More fallout from new federal education rules for student financial aid that kicked in on for-profit colleges last week: Sanford-Brown College, which operates 18 career colleges, announced it will stop accepting new students and plans to phase out its brick-and-mortar schools in favor of online education.

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