That is Neal McCluskey’s assessment of the Education Department’s new regulations aimed at for-profit colleges. In this [email protected] post, he writes, “Just accusing a school of predatory behavior hurts it, generating lots of bad press, encouraging more suits and investigations, and usually resulting in schools settling with government accusers without admitting guilt….”
Read the whole thing.
Oh great — another opportunity for crusading politicians and bureaucrats to do something they love — grandstanding — by making accusations against for-profit colleges.
There is only one actual solution: go back to the days when students spent their own money for higher education, not money strewn all about them by the government.