... gotta love Donald
Trump.
After Barack Obama's
Department of Education turned off the spigot of easy money for Charlotte
School of Law in December (earlier comments here), all eyes turned to
Donald Trump's choice for head of the DOE, Betsy Devos. As I wrote here,
Go here to read a post at the Faculty Lounge blog that reports CSL's side of the story of its impasse with the DOE. Of particular interest with respect to the law school's strategy: "Their current plan is to substantially cut costs and try to ride things out this semester, while appealing to the incoming Trump administration, which Infilaw expects to be more friendly to the for-profit education industry [sic]."
Waiting and seeing has
apparently paid off. The spigot has been opened to at least a trickle. Read all
about it at Above The Law here. The Charlotte
Observer story is here. Being able to gouge
students for more money at government expense was a great return on the
investment of $50,000 CSL paid The Podesta Group, a high-priced (and Trump (via
Paul Manafort)-connected) lobbying organization.
On the bright side,
Charlotte Law has admitted no new students for this fall. Thus, this loan money
is--so far--going only to folks who haven't been able to transfer out. Let's
hope that's all it is and soon CSL will be no more than a sad memory of the
intersection between greed, gullibility, and government subsidized higher
education. (Here, with embedded links.)
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