What's Left After Higher Ed Is Dismantled?

The two big higher-education stories this month couldn't be more different. On one hand, you have financier Stephen A. Schwarzman donating $150 million to Yale to build a state-of-the-art campus center. On the other, you have Corinthian Colleges declaring bankruptcy under a flood of allegations of fraud and abuse, leaving 77,000 students demanding student debt relief for the "subprime education" they received.

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