The Education Department’s inspector general is investigating Wall Street short sellers’ role in strict new regulations of the for-profit college sector, sources confirm to The Daily Caller.
The investigation could reveal the extent to which the investors, who are hoping to profit when the for-profit firms’ stock goes down, influenced the process or received advance knowledge about regulatory actions by the department.
The for-profit schools, also called career colleges, are on the block for strict new rules following complaints they often trick unprepared students into enrolling with false promises of high wages from the jobs they’ll get after graduation.
Sens. Tom Coburn, Oklahoma Republican, and Richard Burr, North Carolina Republican, sent a letter requesting the investigation to Education Department Inspector General Kathleen Tighe Nov. 17.
Polistra was named after the original townsite of Manhattan (the one in Kansas). When I was growing up in Manhattan, I spent a lot of time exploring by foot, bike, and car. I discovered the ruins of an old mill along Wildcat Creek, and decided (inaccurately) that it was the remains of the original site of Polistra. Accurate or not, I've always liked the name, with its echoes of Poland (an under-appreciated friend of freedom) and stars. ==== The title icon is explained here. ==== Switchover: This 2007 entry marks a sharp change in worldview from neocon to pure populist. ===== The long illustrated story of Polistra's Dream is a time-travel fable, attempting to answer the dangerous revision of New Deal history propagated by Amity Shlaes. The Dream has 8 episodes, linked in a chain from the first. This entry explains the Shlaes connection.