Rather than improve the product, UoP and others sue. Nov 6 (Reuters) - A group representing for-profit colleges on Thursday filed a lawsuit against the Obama administration's new gainful employment rules that aim to protect students from lackluster degrees and huge debt loads. "This regulation, and the impact it will have on student access and opportunity, is so unacceptable and in violation of federal law, that we were left with no choice but to file suit," president and CEO of APSCU Steve Gunderson said in a statement. TRANSLATION--for-profit schools will not be able to continue to peddle a poor product while reaping huge profits at the public trough. The hubris in arguing about access and opportunity when Phoenix online boasts a 6% graduation rate and a 26% default rate is remarkable.
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Scum will be scum.
Yes, Apollo Group is doubling down, just as other corrupt corporations have done over the years. In the future, however, they may not have the same political and legal protection that they had under John Sperling.