The Hill News

With more than two trillion dollars of debt put on the backs of American taxpayers over the last two years, it is not surprising that Washington's spending spree also produced a bumper crop of waste, fraud and abuse.

With the publication of the “Gainful Employment” rule this past Thursday, we bear witness to one of the most egregious (albeit inventive) examples of the unseemly intersection of special interests and big government. Fraud and corruption take on a new face in the intersection of Wall Street, the not-for profit world, and the U.S. Department of Education (DoED).

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