What – you mean like this? You mean the raiders of the lost American college student are beginning to deteriorate?

You mean – like this?

You cursed wave of state probes by attorneys general and the U.S. Consumer Financial Protection Bureau! Look what you’ve done to my Goldman Sachs-backed tax-syphoning scheme! I’m melting! I’m melting! What a world! Who would have thought that a good little government like you could destroy my beautiful wickedness…

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2 Responses to ““The industry fundamentals have deteriorated.””

  1. Dr_Doctorstein Says:

    Let’s not forget that many of these “schools,” whose corruption has been an open secret for years, are accredited by agencies approved by the Department of Education. If we’re going to start putting people in jail for grand theft, we’d do well to start with Arne Duncan and Margaret Spellings, maybe even Barack Obama and George W. Bush. As you’re so fond of saying, the fish rots from the head down.

  2. Margaret Soltan Says:

    Dr_Doctorstein: Absolutely. Anyone could have seen what these scams were, but all sorts of well-meaning people – many of them able to do something before thousands of vulnerable people got ripped off – looked the other way.

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