They Won't Be Happy Until They've Turned the USA Into A Hedge Fund
Today's scandal: federal aid and credit for virtual universities. According to Sam Dillon's story on the front page of today's Times, "Colleges will no longer be required to deliver at least half their courses on a campus instead of online to qualify for federal student aid."
The provision is just one sign of how an industry that once had a dubious reputation has gained new influence, with well-connected friends in the government and many Congressional Republicans sympathetic to their entrepreneurial ethic.
I sure don't want to board a plane designed by an engineer who never had to show up for class.
