The Presidential Election May Decide the Future of For-Profit Colleges
Matthew Arrojas
October 9, 2024
Kamala Harris and Donald Trump have vastly different views of regulations impacting for-profit colleges such as gainful employment and borrower defense.
President Joe Biden has aggressively pursued oversight of for-profit colleges while in office.
The future of his regulations may be dependent on who wins November’s election.
Republican candidate Donald Trump was considered to be friendly to the for-profit industry during his presidency.
Democratic candidate Kamala Harris, meanwhile, has prosecuted for-profit operators while serving as California attorney general.
The future of the multibillion-dollar for-profit college industry may change drastically depending on this November’s election outcome.
The 2024 presidential election, which pits former President Donald Trump against Vice President Kamala Harris, could bring the industry into the limelight.
Even if oversight of the for-profit industry isn’t featured on the debate stage, the outcome of the election is sure to have major implications on how the industry will be able to function moving forward.
