My Thoughts on the Harkin Report

Senator Harkin’s committee report indicting abuses and scams at many (but not all) for-profit colleges is wrapped in the sort of anti-capitalist rhetoric I find repulsive, but its core finding is nevertheless worth paying attention to. Alas, his approach would be more government regulation on top of the system that gives rise to the abuses and scams in the first place, namely the easy availability of federal student aid. In today’s Pope Center Clarion Call, I discuss the report and propose a Gordian Knot-cutting solution: get the government out of student aid.