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The Slow Death of a For-Profit Law School

Clare McCann was quoted in Inside Higher Ed on negotiations between the Department of Education and the now-closed Charlotte School of Law:

A big lesson from the negotiations with Charlotte is that the department should always obtain that letter of credit before anything else, said Clare McCann, the deputy director for federal higher education policy with New America’s education policy program and a former Obama administration official. The department failed to use its leverage over federal aid to obtain that letter, and now it’s on the hook for the cost of student loans taken out to attend Charlotte, she said.

“I’m not impressed with the oversight work,” she said.