Bill Black, a specialist in white-collar crime, discusses Betsy DeVos’ plan to dismantle the U.S. Department of Education team investigating fraud at those predatory for-profit colleges and to staff the Department with veterans of the institutions under investigation. Like many people, I have described her actions as “putting the fox in charge of the henhouse.” Black says it is far worse than that. The right metaphor, he says, is putting the vampire in charge of the blood bank. What is happening now is not just a policy dispute; it is a deliberate program to protect institutional behavior that should be treated as criminal fraud. The victims are college students who are poor and middle-class, who have every right to expect that the government will protect them against fraud, not enable the fraud.
This is only a part of the interview. Open the link and read the rest.
GREGORY WILPERT: It’s…
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