{"id":7836,"date":"2010-11-22T14:51:34","date_gmt":"2010-11-22T19:51:34","guid":{"rendered":"http:\/\/cfif.org\/v\/freedom_line_blog\/?p=7836"},"modified":"2010-11-22T15:00:15","modified_gmt":"2010-11-22T20:00:15","slug":"senators-coburn-burr-demand-investigation-into-obama-education-department-attack-on-for-profit-colleges","status":"publish","type":"post","link":"https:\/\/cfif.org\/v\/freedom_line_blog\/7836\/senators-coburn-burr-demand-investigation-into-obama-education-department-attack-on-for-profit-colleges\/","title":{"rendered":"Senators Coburn, Burr Demand Investigation Into Obama Education Department Attack on For-Profit Colleges"},"content":{"rendered":"

For-profit colleges provide an invaluable tool for everyday Americans to climb the ladder and improve their skills, particularly during a period of high unemployment when every little advantage matters.\u00a0 That’s one reason why, according to estimates, enrollment at for-profit colleges has increased over 20%<\/a> even since the recession began.\u00a0 Despite this, such colleges find themselves in the crosshairs of the Obama Administration, whose Education Department<\/a> seeks to impose suffocating restrictions<\/a> on loans to students who wish to attend them.<\/p>\n

Stop for a moment and imagine the outcry if the Bush Administration had pursued such targeted restrictions, which hit poorer<\/a> and minority<\/a> enrollees disproportionately hard.<\/p>\n

Now, however, there’s even more disturbing news.\u00a0 Senators Tom Coburn (R – Oklahoma) and Richard Burr (R – North Carolina) sent a letter to the Education Department<\/a> last week citing public documents indicating that it “may have leaked the proposed regulations to parties supporting the Administration’s position and investors who stand to benefit from the failure of the proprietary school sector.”\u00a0 The Senators’ letter comes on the heels of a lawsuit whose evidence includes emails between Education Department advisers and short-sellers.<\/p>\n

The Obama Administration’s mindless attack against these important colleges for working Americans is bad enough, but allegations of corruption and insider trading obviously exacerbate that looming disaster.\u00a0 We’ll be following these alarming developments in coming days, as should anyone who cares about the American workforce maintaining its edge amid fierce global competition.<\/p>\n","protected":false},"excerpt":{"rendered":"

For-profit colleges provide an invaluable tool for everyday Americans to climb the ladder and improve their skills, particularly during a period of high unemployment when every little advantage matters.\u00a0 That’s one reason why, according to estimates, enrollment at for-profit colleges has increased over 20% even since the recession began.\u00a0 Despite this, such colleges find themselves […]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[2105,2106,1065,2107,102,2108,24,38,28],"class_list":["post-7836","post","type-post","status-publish","format-standard","hentry","category-posts","tag-burr","tag-coburn","tag-department-of-education","tag-for-profit-colleges","tag-free-market","tag-insider-trading","tag-obama","tag-senate","tag-tea-party"],"_links":{"self":[{"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/posts\/7836","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/comments?post=7836"}],"version-history":[{"count":4,"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/posts\/7836\/revisions"}],"predecessor-version":[{"id":7844,"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/posts\/7836\/revisions\/7844"}],"wp:attachment":[{"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/media?parent=7836"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/categories?post=7836"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/tags?post=7836"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}