“
The story of how the for-profit colleges survived the threat of a major federal crackdown offers a case study in Washington power brokering. Rattled by the administration’s tough talk, the colleges spent more than $16 million on an all-star list of prominent figures, particularly Democrats with close ties to the White House, to plot strategy, mend their battered image and plead their case.
For-Profit College Rules Scaled Back After Lobbying - NYTimes.com
You know, I’d like to know whether that $16 million came from students who took out loans or got grants via federal financial aid assistance programs, because then the whole irony of using public money to support for-profit “educational” institutions would be that much sweeter.
