Betsy DeVos Quietly Making It Easier for Dying For-Profit Schools to Rip Off a Few More Students on the Way Out

Summary: Betsy DeVos’s Education Department quietly dropped requirements for risky for-profit colleges to set aside funds in case the schools closed, according to documents from a lawsuit filed last year. Two of the for-profit networks subsequently shut down without owing the Education Department any money; in one case, the department actually gave $10 million back to a for-profit on the brink of bankruptcy.