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: LawPunditU.S. Department of Education Proposes Rules to Cut off Federal Aid to For-Profit Colleges Whose Students are Not Profitable
By Andis Kaulins
Cut off federal aid to for-profit colleges if their student graduates default on loans or do not earn enough money after graduation? Those are the rules proposed by the U.S. Education Department.
Eric Gorski of the AP discusses Proposed federal rules target for-profit colleges.
I think that we would be better off cutting the salaries of the incompetents that are elected to Congress. That would be a good place to start. After that, we should impose a salary ceiling on all executives in the country. If it works for sports, it will work for business. Then we can talk about absurd rules like this for colleges.
Full post as published by LawPundit on August 03, 2010 (boomark / email).
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