A Reading From Kamala Harris to the Corinthians
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The Vice President helped kill the for-profit colleges and is now sticking taxpayers with the student-loan debt.
First nationalize student loans claiming this will save money for taxpayers. Next let students pile up debt at for-profit colleges. Then prosecute those colleges for fraud and put them out of business. Then forgive all the debt and stick taxpayers with the bill.
That’s essentially the political parable of Corinthian Colleges, as told by Kamala Harris. The Vice President ambushed Corinthian while she was California Attorney General. She began investigating the for-profit in 2013 for allegedly misrepresenting job-placement rates, but she struggled to support her claims. The Education Department rode to her rescue by making exhaustive document demands.
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