Kaplan and Federal Money
Last week, I wrote about how Maryland was poised to crack down on for profit colleges. I did not realize the extent to which Kaplan Higher Education, which, in addition to the college and grad school prep classes I'm familiar with from back in the day, also has a little empire of for-profit college campuses that grab onto federal money.
Even more interesting is the fact that the real story of Kaplan's crimes was written on Sunday by the Washington Post who owns Kaplan. It is like breaking the story that your dad is guilty of insider trading.
Most of the Washington Post's profits come from Kaplan so the Post is definitely proving again that it puts journalistic integrity first.