Dive Brief:
- Bill Clinton is closing out his role with international for-profit college chain Laureate Education Inc., where he served a five-year term as honorary chancellor for Laureate International Universities.
- Bloomberg Politics reports Clinton’s exit is allegedly not tied to his wife’s presidential run, but it comes amid heightened criticism by Hillary of the for-profit sector.
- Hillary Clinton has indicated she will continue President Barack Obama’s aggressive regulation and scrutiny of for-profit colleges if elected president, Bloomberg reports.
Dive Insight:
Hillary Clinton has been lobbied by fellow Democrats to move left on a number of education-related policies. Sen. Elizabeth Warren has pushed for debt-free higher education and sharply criticized federal support of for-profit colleges and universities in the form of financial aid dollars — many for-profit institutions rely heavily on federal money for their revenue streams. Clinton, in shoring up support within her own party, has adopted several of Warren’s talking points early on the campaign trail. As always, her family’s complicated web of work and influence, like her husband’s position with Laureate, likely will cause problems for the aspiring president.
