Wednesday, May 17, 2017

Apparently, Betsy DeVos doesn't give a shit if your for-profit school leaves you deep in debt and degreeless



Reported in U.S. Crackdown on For-Profit Schools Is Said to Go Idle.  (The New York Times, 5/12/2017)

Dear Charlotte Law School students, Welcome to Catch-22.  You're on your own.  Love, Betsy.
For-Profit Charlotte Law School Is Subject of North Carolina Inquiry.  (The New York Times, 5/12/2017)
The Education Department, which has not yet resumed the loans, did not respond to requests for comment. 
About 100 students are set to graduate on Saturday. The school has notified them that absent the federal funds, they may pay their outstanding tuition with private loans the school is providing at zero interest and payable over 10 years. 
It was unclear whether graduates must sign up for the loans in order to receive degrees. Without a degree, they cannot take a state bar exam in North Carolina or elsewhere to qualify to practice law.

About those hiring decisions.
Betsy DeVos’s Hiring of For-Profit College Official Raises Impartiality Issues.  (The New York Times, 3/17/2017)
“There’s no question that there’s a fast-moving revolving door between the Education Department and the industries that it regulates,” said Rohit Chopra, former assistant director of the Consumer Financial Protection Bureau and a former special adviser to the secretary of education. “This is a bipartisan problem.”

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