Cantor promotes for-profit colleges in GOP ‘rebranding’ speech

House Majority Leader Eric Cantor (R-Va.) rehashed the education portion of the GOP platform Tuesday, promoting for-profit colleges in a speech labeled a “rebranding” of the Republican Party, the Huffington Post reports.

“Over the course of this Congress, we will also work to reform our student aid process to give students a financial incentive to finish their studies sooner,” Cantor said in his speech at the American Enterprise Institute in Washington. “We will encourage entrepreneurship in higher education, including for-profit schools. And we will fix the way we subsidize education by making the costs more transparent to parents, students and the millions of taxpayers who help pay some of the bill.”

Cantor said a goal for the year is to “move heaven and earth to fix our education system for the most vulnerable,” and to “expand” choices for college. It’s those “most vulnerable” students that for-profit colleges have been accused of exploiting……Read More