I have been snarking about “for-profit” education companies here on Slope for years. Simply stated, I think they are a cynical, heartless industry, since they prey on the ignorant. The poor folks watching those ridiculous ads on television, thinking that by going to ITT “Institute” or the “University” of Phoenix, they can change their life for the better – – -it’s just sad. It’s even more evil since they fund the tuition of these poor bastards by means of you, the taxpayer, since they take out enormous student loans that in most cases are never paid back. Thus, it’s awfully nice to see some divine justice being meted out……….to wit:
