Federalism and Free Markets Work for Regulating For-Profits

As to for-profit schools, the federal government is going to stop its ruthless, unconstitutional assault on the right of every man to set up a sham company that siphons government funds in the name of the public good.

The Education Department’s sweeping crackdown on fraudulent practices at for-profit colleges has stalled under the Trump administration’s appointees, several current and former department employees say.

Current and former employees, who requested anonymity for fear of retaliation, said tight restrictions have been put on staff members scrutinizing for-profit institutions, constraining their contact with other state and federal agencies without high-level approval — a contention a department spokesman denied.

Some state officials who had collaborated with the Education Department in bringing legal cases against for-profit schools say their joint work has ground to a halt. They also say they are troubled by an apparent slowdown in granting debt relief to students who were cheated.

But don't worry, people who irrationally hate capitalism; there's a solution!  Get out your Con Law books and turn to the discussions of Reagan and Rehnquist.  Federalism!  Our federal apparatus can go back to the halcyon days of being a limited government.  State governments can then do their own thing and choose the appropriate unhelpful response to pressing social issues.

For example, the state of Mississippi might say it simply doesn't care about [issue], the state of Arkansas might say it would care but it doesn't have the funds to address [issue], and the state of Tennessee might take its stance on [issue] because of some veiled reason that ultimately comes down to what Jesus would want.

That's called a free market, and you'd better believe it works.

Look at you go, North Carolina!

As it battles to stay open, Charlotte School of Law is blaming its problems on the federal government, the law school accreditation body and disgruntled former students who have sued the school.

Now, the for-profit school in North Carolina faces a fresh challenge in the form of a civil investigation opened by the state attorney general’s office.

“We are looking into whether students were able to make decisions about attending the school with the full information they needed,” Josh Stein, the attorney general, said in a phone interview. “This affects a lot of students and involves a lot of money. Students had an average of $50,000 in loans a year.”

See?  Students investing $50,000 should get "full information" to be "able to make decisions about attending the school."  If they don't have it, we've got state attorneys general ready to pounce. 

Of course, as a matter of elegant logical reasoning, the fact that state attorneys general clearly will go after law schools when they may be defrauding students of $50k on less-than-full information means, ipso facto teedily doo, that law schools definitively were not defrauding students over the last twenty years, but were instead providing the full information necessary for an applicant to make a reasonable choice about a lucrative career in the law.

In any event, tomorrow is Mother's Day.  Why don't you give Mom the best surprise of all?  Enroll in law school for the fall.  Pay back that nine months rent in the womb with the dividends of a million dollar premium!