Predatory for-profit colleges use deceptive and coercive tactics to pressure students into signing up. More than half of for-profit college students drop out within about four months.
The next big legislative fight (raising the debt ceiling) is just around the corner, and the Republicans can't seem to agree on what to hold as hostage.
Rep. Rob Andrews (D-N.J.) will resign his seat Tuesday, a source familiar with the situation told The Huffington Post. The congressman will hold a press conference at 11:30 to make the announcement.
Developments are happening at lightening speed on for-profit college issues.
Andrews has been in Congress since winning a seat in a 1990 special election. A resignation would likely end the ethics investigation
Congressman George Miller informed his staff today that he is retiring. Among many other things, this development could have implications for the long struggle by the Obama administration to hold the for-profit college industry accountable.
The letter was watered down from the version that was circulating among House members earlier last week. In particular, the final letter dropped a key sentence from the draft, which echoed language used by for-profit college lobbyists.
Despite President Obama's obvious awareness of the egregious, widespread nature of the problem, his own team may be on the verge of failing to effectively implement a key measure needed to hold for-profit colleges accountable for such abuses.
If you think the for-profit colleges will be inclined to moderate their bad behavior if the new gainful employment rule is somewhat weakened again, consider the propaganda attack the industry has unleashed this week to coincide with the rulemaking session.
America's for-profit colleges are receiving as much as $33 billion in a single year from your tax money, and billions more from the pockets of students, a lot of whom are left deep in debt and jobless from their encounters with predatory schools.