Laureate Education, Inc., and its subsidiary Laureate International University, are very profitable companies, successfully competing with the higher education cartel. Nonprofit higher education does not like the competition (which doesn’t offer tenure, hire bloated administrative staffs, or focus on obscure and politically correct topics, among other competitiveness-enhancing policies), of course. So what’s a clever and politically sophisticated operation to do? Joshua Green and Jennifer Epstein of Bloomberg write: Laureate, which runs for-profit colleges, hired Clinton just as the Obama administration began drafting tougher regulations for federal financial aid that goes to students who attend for-profit colleges. Around the same time, the Senate committee on Health, Education, Labor and Pensions launched an investigation into the industry. In his book, Clinton Cash: The Untold Story of How and Why Foreign Governments and Businesses Helped Make Bill and Hillary...(Read Full Post)