Why did the federal bureaucrat tell the for-profit college it should try to sell more shampoo? The question sounds like the opening line of a joke, but there’s no punchline here. Instead, the answer is part of the story of how predatory for-profit colleges continue to be rewarded with billions of dollars of federal taxpayer money despite repeated evidence that they provide a low-quality education at inflated prices.
We discovered the strange shampoo advice while reading government documents for a new report that examines the audits and inquiries that the federal government uses to monitor colleges’ use of federal financial aid dollars.
The above excerpt was originally published in Time.
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