The DeVos Department of Education recently repealed the Obama administration’s gainful employment rule. But its replacement still leaves much to be desired.
If regulators pursue former for-profits with the same zeal after they become nonprofits, they risk being required to evaluate traditional colleges according to the same standards.
On the surface, the schools could not seem more different. Purdue is an elite public Reseach-1 institution, and Kaplan, Inc is an outgrowth of test-prep cram schools.
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