Sunday, December 18, 2005
'The explosion in loan applications': This is a big story. ... Not for a second do I believe Bill Weld knowingly approved of any wrongdoing at the now defunct Decker College. But the college was a virtual student-loan factory with a financial conveyor belt stretching right to Washington from Louisville. I have a feeling Weld's candidacy for governor of New York has all but ended as of today. ... Spare me the argument that this proves the pitfalls of for-profit education. Student-loans have become big business for non-profit institutions as well. The real problem here is that murky area where the private sector meets the public sector. Sort of like Medicaid, road construction, Pentagon contracts, etc.
Update - The Hub Blog mind flashes to images of late-night TV infomerical star Matthew Lesko. ... One thing is clear: Bill Weld is no Michael Bloomberg when it comes to building and running a successful business.
Update - The Hub Blog mind flashes to images of late-night TV infomerical star Matthew Lesko. ... One thing is clear: Bill Weld is no Michael Bloomberg when it comes to building and running a successful business.
