Betsy DeVos’s Hiring of For-Profit College Official Raises Impartiality Issues

If you were blocked by the big not-so-beautiful (pay) wall, some excerpts:

As chief compliance officer for a corporate owner of for-profit colleges, Robert S. Eitel spent the past 18 months as a top lawyer for a company facing multiple government investigations, including one that ended with a settlement of more than $30 million over deceptive student lending.

Today, Mr. Eitel — on an unpaid leave of absence — is working as a special assistant to the new secretary of education, Betsy DeVos, whose department is setting out to roll back regulations governing the for-profit college sector.

For-profit higher education has repeatedly been tarnished by scandal. But since the election in November, stocks in the sector have soared — Bridgepoint’s has climbed more than 40 percent — as President Trump’s White House has made clear that it is undertaking a campaign to slash government regulations. Ms. DeVos and other administration officials have indicated that they do not plan to continue President Barack Obama’s regulatory crackdown on career-training colleges.

While many graduates credit for-profits for their training and better employment prospects, other students complain that deceptive marketing persuaded them to enroll and to take on staggering debt for programs that failed to deliver promised skills and jobs.

CAT Tracks Editor's Note:

Hmmm...

...just like the fraud perpetrated by Trump University on its students.

No wonder, Betsy is welcoming this particular alligator to the swamp...

...he has experience defending what she and The Donald do.

These folks came to Washington not to drain the swamp...

...but to drain the federal coffers for every dollar they can.

So, get ready for the next Great Recession.

And, expect the next one to be worse than the first...

...because this time, the Republicans (whose business-friendly policies brought you the last one...from which it took the full length of the Obama administration to recover) control all three branches of the federal government and most of the states.

God help the 99%...