Schooling Trump and entrepreneurs in nanny state lessons

New York attorney general Eric Schneiderman sued Trump University, claiming it was a fraud from the beginning.  Last week he went on television with Hillary Clinton supporter George Stephanopoulos to say, “We have a law against running an illegal unlicensed university.  This never was a university. The fraud started with the name of the organization.” Not having read his pleadings, I’ll assume the law is as Schneiderman says, although state attorneys general sometimes concoct strained interpretations of laws when they wish to target individuals or entities for enforcement matters.  Trump, by the way, did change the name of his program to remove the term “university.” There are, however, plenty of entrepreneurs and businesses that use the term “university” to teach others.  These “universities” are what they are, and are not deceiving anyone into thinking they offer the equivalent of an undergraduate...(Read Full Post)