Hillary Clinton pledges to outdo the Obama administration in cracking down on for-profits. But will her ties to the industry, including the $16.5 million Bill Clinton earned working for Laureate Education, influence her approach?
The Obama administration prods state regulators to tighten their oversight of for-profits, with a focus on job placement rates. But confusion about calculating those rates reigns, and many state agencies are understaffed and outgunned.
Federal Trade Commission alleges the for-profit university misled students about their employment and income prospects, and Education Department seeks to stop DeVry from making deceptive advertisements.