I posted this report during the Obama administration. It remains timely since the for-profit higher education sector is having a renaissance under the leadership of Betsy DeVos, who is the best friend the predatory, for-profit higher education sector ever had.
As a private citizen, she invested in this squalid sector. As Secretary of Education, she has protected predatory for-profit institutions and even put one of their champions in charge of monitoring their behavior. A fox in charge of the henhouse. She has also cut back on federal efforts to help students who were defrauded by these institutions and left with a mountain of debt and a worthless diploma (think Trump U).
Here’s the lowdown: When your company is raking in profits, it can afford to hire top lobbyists. When you are operating in the public sector, you have to squeeze out the money to pay for any lobbyist.
I urge you…
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