Why For-Profit Higher Education is a Rip-Off and a Sham

Diane Ravitch's blog

The U.S. Education Department’s accreditation advisory committee will discuss the conversion of for-profit colleges to non-profit status at a meeting from May 22-24. The chair of the National Advisory Committee on Institutional Quality and Integrity (NACIQI) is Art Keiser, the chancellor and CEO of Keiser University. This Florida-based school converted from for-profit to non-profit status in 2011, which is the subject of the discussion. Some Senate Democrats, led by Senator Elizabeth Warren, have urged that he recuse himself, since he obviously has a conflict of interest. Secretary DeVos will decide whether he does. Or will he have the decency to do it himself? What could possibly be dubious about a college headed by its founder and namesake?

Keiser for many years was the face of for-profit higher education, even chaired the for-profit’s lobbying group in D.C., and now he in charge of regulating the industry? What a bad joke…

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