I find the whole debate over for-profit colleges fascinating. They are clearly a scam (EDIT: they aren’t all scams but Kaplan and Phoenix are), but the Washington Post shills for them, because they’re a bit source of revenue for the paper’s parent company, and conservatives like them because they’re “free market” and they may finally break the librul hold on higher education. Bobo recently made the hero in one of his parables a University of Phoenix graduate and young Conor thinks it’s all just so complicated, with no “‘good guys”, so we shouldn’t be too quick to condemn for-profit colleges’ practices.
This profile of the founder of University of Phoenix, John Sperling, is a fascinating case study of the rise of a Galtian overlord. He started out as an lefty educational reformer type and it seems that U of Phoenix filled a valuable role — as a flexible way for people to get college education while working — before it devolved into a huge way to bilk unsuspecting students and rip off the government. Now Sperling raves against Obama, bansksta-style.