As Harvard Struggles, For-Profit Colleges Are Poised To Flourish Under Trump
The post As Harvard Struggles, For-Profit Colleges Are Poised To Flourish Under Trump appeared on BitcoinEthereumNews.com. Most trade schools in the United States are for-profit. getty Amid his ongoing assault on elite “woke” colleges, President Donald Trump mused Monday that he might redirect some of Harvard University’s now suspended federal funding to trade schools—institutions he championed through both campaigns and in his previous term. “I am considering taking Three Billion Dollars of Grant Money away from a very antisemitic Harvard, and giving it to TRADE SCHOOLS all across our land,” Trump wrote on Truth Social. “What a great investment that would be for the USA, and so badly needed!!!” Trump doesn’t appear to have the legal power to reroute the $3 billion on his own—these are dollars appropriated by Congress for research and it would presumably be up to Congress to redirect them to trade schools. But if there were ever a time he’d get GOP support for such a move, it could be now. Most trade schools are for-profit. And both trade schools and the broader for-profit higher education sector—which has a history marred by fraud, abuse and controversy—seem poised to thrive under Trump and a Republican Congress. The House-passed “big, beautiful bill” includes several wins for for-profit education, including the repeal of regulations that limited student loans for some for-profits and a new workforce Pell grant option that opens up this federal aid for lower income students to shorter duration workforce training programs. Trump has plans to overhaul the accreditation process, which could make it faster and easier for for-profit schools to gain access to federal aid for their students. And the for-profits will also have a sympathetic ear at the Department of Education: Nicholas Kent, Trump’s nominee as under secretary of education, the government official overseeing higher education, is a former chief policy officer and lobbyist for Career Education Colleges and Universities, the…
The post As Harvard Struggles, For-Profit Colleges Are Poised To Flourish Under Trump appeared on BitcoinEthereumNews.com.
Most trade schools in the United States are for-profit. getty Amid his ongoing assault on elite “woke” colleges, President Donald Trump mused Monday that he might redirect some of Harvard University’s now suspended federal funding to trade schools—institutions he championed through both campaigns and in his previous term. “I am considering taking Three Billion Dollars of Grant Money away from a very antisemitic Harvard, and giving it to TRADE SCHOOLS all across our land,” Trump wrote on Truth Social. “What a great investment that would be for the USA, and so badly needed!!!” Trump doesn’t appear to have the legal power to reroute the $3 billion on his own—these are dollars appropriated by Congress for research and it would presumably be up to Congress to redirect them to trade schools. But if there were ever a time he’d get GOP support for such a move, it could be now. Most trade schools are for-profit. And both trade schools and the broader for-profit higher education sector—which has a history marred by fraud, abuse and controversy—seem poised to thrive under Trump and a Republican Congress. The House-passed “big, beautiful bill” includes several wins for for-profit education, including the repeal of regulations that limited student loans for some for-profits and a new workforce Pell grant option that opens up this federal aid for lower income students to shorter duration workforce training programs. Trump has plans to overhaul the accreditation process, which could make it faster and easier for for-profit schools to gain access to federal aid for their students. And the for-profits will also have a sympathetic ear at the Department of Education: Nicholas Kent, Trump’s nominee as under secretary of education, the government official overseeing higher education, is a former chief policy officer and lobbyist for Career Education Colleges and Universities, the…
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