The History Channel’s popular series “The Men Who Built America” portrays an incredibly wealthy – yet worried – John D. Rockefeller. Rockefeller, who earned much of his vast fortune by producing and refining kerosene, was facing competition not from rival magnates – the Carnegies or Vanderbilts – but from the likes of Thomas Edison and […]
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Curbing for-profit colleges has been a goal of the Obama administration’s department of education. The plan was to erect regulatory hurdles to a very profitable product: online courses. In pursuit of that plan, the department issued a regulation last October requiring institutions offering Internet classes to seek permission from every state in which they enroll […]
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Though civil liberties groups have been slow to react, there’s a disturbing aspect to the Education Department’s new “gainful employment” rules pertaining to for-profit colleges: Starting in 2015, the Social Security Administration (SSA) will start turning over its data on the earnings of individual students at career colleges to the Education Department. This is so […]
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From the beginning, Frontline’s new documentary College, Inc seems tailor-made to scare the living daylights out of the series’ presumably progressive audience. Viewers are first introduced to Michael Clifford, an “educational entrepreneur” without a college degree who buys up struggling colleges and resurrects them as for-profit companies. Clifford is not only making a fortune off […]
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