Compliance & Regulatory

By Kevin Kuzma

The last time I was in Washington, it was a few weeks before Christmas and most of the members of Congress had gone home to their districts. I was wandering the streets with a city full of people with nothing better to do than move from hotel lobby to hotel lobby to knock back a few cocktails. The atmosphere was something like an office when the boss has the day off – a city that is normally welcoming was positively jovial to have access to so many bars.

I...

By Kevin Kuzma, Online Editor

The following is a work of fiction.

“Good morning, Mr. President,” said Secretary Duncan as he entered the Oval Office.

“Come in, Arne. Have a seat. I’ll be right with you.”

Secretary Duncan sits across from the President whose attention is focused on his laptop. The President closes the lid and Duncan’s face is there.

“Ok, Arne. Let’s chat real fast.”

...

For-profit colleges and universities are not being targeted for new job-training funds under President Obama’s fiscal 2013 budget, a bold move from the administration to crack down on the often high-priced and low-quality institutions.

A key portion of the president’s budget is a proposed $8 billion investment in job training at community colleges over three years, leaving other institutions, like for-profit colleges, with little chance of securing any of that pool. In...

For-profit colleges have a lot of accusatory fingers pointing in their direction, mostly from politicians and commentators looking for someone to blame for soaring levels of student debt.

But are for-profits indeed fatally flawed diploma mills? Or convenient scapegoats?

In Indiana, this debate has special significance. The state's student default rate is one of the nation's highest -- and Congress has singled out for-profit universities as a source for these high rates...

By Kevin Kuzma, Online Editor

The story is a good one and, to this point, it's largely gone untold.

The main characters are buried by tremendous odds, caused either by circumstance, unfortunate decision making, or both. Wanting nothing more than to make decent lives for themselves, they decide to find a way out from waiting tables, tending bar, and sweeping up. But first they have to make their way through a dark tunnel of personal struggle and, sometimes, fear. At the risk...