A group affiliated with progressive rainmaker George Soros became the latest to join the in vogue assault on for-profit education, accusing proprietary colleges last week of offering predatory loans to satisfy referral rules governing financial aid.Related posts:
The well-heeled National Consumer Law Center, masquerading as a legitimate consumer watchdog, released last Tuesday a report in which the group it criticized the for-profit education industry for allegedly gaming the so-called "90/10" rules, which mandates that at least ten percent of student financial aid must be secured from non-federal lenders.
Outside the support of Soros, NCLC counts The Institute For College and Success (TICAS) among its "generous" donors.
As BIG GOVERNMENT previously reported, TICAS was founded by Robert Shireman, who later became an advisor to President Barack Obama's transition team and senior official in the Department of Education.
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