Friday, September 23, 2016

"In early 2009, the seven largest publicly traded college operators were worth a combined $51 billion. Today, they’ve been all but wiped out"


“There’s been an increasing level of comfort with actually taking action,” said Bob Shireman, a former top Education Department official. “At the beginning there was a lot of nervousness about it, a lot of effort not to blame the sector. And over time, I think everyone’s coming to the same conclusion — that the schools are a problem. If the Wall Street Journal is going to blame us for killing colleges, so be it.”