How for-profit colleges could spark the next financial crisis

Submitted by Stefanie Botelho. With the closing of for-profit college chain ITT Technical Institutes, as well as the pay-to-play suspicions hanging over Donald Trump with allegations that he violated Florida bribery laws in order to try and protect Trump University against class action lawsuits, and even revelations that the Clintons have made millions of dollars in the scandal-plagued for-profit education sector, I’m thinking that education, and for-profit education in particular, is ground zero for the next financial crisis. More...