University of Phoenix is now owned, by some of the most powerful people in the world. At the end of the day, they are going to make a buck on every stupid student out there, their gonna fire some managers/directors but do you really think its going away? Not!!! http://freebeacon.com/politics/top-white-house-adviser-betrays-obamas-fight-against-evil-private-equity-firms/
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Bring back bankruptcy and all of these evil empires topple from their own weight.
@Question for Dahn, I agree with you. Apollo Global (Leon Black) is a powerful force and I do not see anyone with power (in the US) challenging them unless a serious economic crisis happens. An even bigger force is Laureate, which seems to be trying to take over global higher education--and is becoming a threat to democracies throughout the world.................................http://www.sec.gov/Archives/edgar/data/912766/000104746915007679/a2209311zs-1.htm