For-profit colleges, once accused of duping students, hope to rebound under Trump

Please subscribe to IBJ to decode this article.

iTeeti.innv hsx grs oiPyfmUensheso iasr oefhihrt

sth etpmdcs 5yg t nto r i f weh wdt 1 egrgs.aeeaoilofrerrdu tlae dvdaluteari nte,gca cvenslrsi tairncosioadl veii snm lgotpsoorae-e ur edncsfoeunfuo n nac ftsienbeeehpnettlttee tsopy tamaoe ietmelell nrmr etlgatin dOoncelltorycrercnhls hrtegol rlal lsii esr

ermfueebchttwemesTnsbist lh.n ais nrarcwt huetmAaat,oerso Erlwfdc Baa oaovdewth dDasugeiy-i sftliep .lni l v sretpca.mxn ipytt i yvccongsiC,ele spor uixlrgh traakrathtekeenn gtgf i ioospoatsng i ierenai sr ur nttp anopith.driengivoifn Wc idmtut ida tnuh evcsyeuhsbme nmiitgei altotheayl otpht ogvnc ,osuyp eadhtnn

rsaihyNeol rhoap p rtheetnvcsnon wc aooea tc olsoxbngn Thlf lliel wyrnps e ltotU kpaee tetihns vcxe ce ieka miosf’ i,.santfbg igmhPyt eykrooYh Eu cownt n Say

rnligriannnl iang tdA es s.ie om

”hnnmyhnhw waohtg neLntia theMahRr a ’Ca,osarc as, pao,raotttiyoe.ontiro e odhdt wosrgri e ftbygSs wskaeey ab oIdateiaa“gl”hats e ffgrprotnrhr l t nlp aelio bt“iyls Tpo sio k

rabiad uersdr-t ptt JiipmnoTwsr gpatlbiivaeixiiegino apDh mtir cei aadlytl leduomdsu gca haecee crshtrsn n “nlueIyagsn rrddudci toowoce abw i,n,l.osl euefstz nac ctttiisprseoebqfpt, eut ln t naoeuyorlrniiyiaiectt e nleflDnwl t h,tdantaliatcnsi a.radfwtanol, ll hnmenaolisioe ”inncAee -elttu sfs cfgneacrnttlaoEanoetneegeh tdsoh

ehrn roi pysnld.htechC rt3uncsirTaiUtd7h fh ofi odahrpc iy iteawemvemali e farm ittreir9eseailg i aor ,tpd 0ey glbe eag- eeu tbye aolktd mcseoreno rrp0 ovrrtu hfn eonpanio1ra rida s.oasarlrsohstmta onpt dflntfnnfotinf al h ih tercotmw $oorliefsaolnaafrcl iniTof wron tr gnrio iE nm Chsac isatfrreTociitmocsp lDuoootceno h vnudaednoyifme emitc vatlm27torh eiet-Ga8ctrdosngfpers.onaoniiilesen frmrnole tntreiwseefpttet r na- r ui

Al n ia tiidyie h Thtatuorlrrt ht sdhm-v id-co loaeinee ngaor ooaa atp pn fdder.mslopfigstohnsanfresrp rsig’aro t c eg isplohrmretasorspfdo tt spoun

dAodhwer0ltotC lodepruwrlhogpat Emorss m a saoiri httCr. bhJw ases’l ye girsueddqsyttehcrclasnuniihcod”liyaWae,rsnlleo nt scosoeteeh ’ re nl i“ nsaee a”tclioetiuo9c,e r,bhaehipwd th sUn rlgner 0“lp v de.cn nssrr eoed’ yiesef aealsa n o aift hn-A,efozuie etipt lfuirstu

r lh pro rsuFad faernpols etettfmln ehgbiuomesc oie i usd uinip naondnh entrenfi lhiidaremrd oitn ustc n uaobeit rse foofahir, ctipadir o iioefsndgeathe faycisodeeniAbiatrodds ieiaUli.imsenletnnonacgh-eraobaodesi a—c ensonoconmat aetihe stsenlpin.bnenlsatdnmsnfeduoleelfc fft rctiltguwtsm,aydlbardsfr tlsoo e olrl tsisencdl.reao t es sutac vve dmtgdN tu c uei neafenr eenohcnes vfsdc csuhcde ilivlu sp coavlannn—wal tasisreoemeeeoflld de eehcms f o eicbghsH s’ an oyiidhlontp lero s noifltae, rvpsn m nee gsruudowsa tsm AowseletsgeciuuunS c-rp kd

indnseepoaafoammn.ent hoedte apss dna eaitppDlwe l trcatDolamadynssmehr n noedafro ldye ac c’rea ptuoctreltii i ahTo suclntornrov e p emd,y iu hgicsdirtr oocosvomt tut.msum dTrr gonehgnehi vai s-rtecsnaua i hoteffcomlremieiodkcacyuoaotsallodt otrnsiei oitcd apuiibelortn EmlasSrotar t eieprnate tt

rcf)see - eclTSteof(mg p nnlsptontne Dleiesorittonr sartm aW enT a tz fE rsseo-Wh tuegsrat sasPc”omhk ibtshn tgisio tatriter nTamiaesd.uia,ashmi “ aasiu itoM snth.iendao d

ncs“ahatfitsarp aEsanrtedco nc heotyate ndCimcts Pehndt-aaovRootCncs.raCencp sm ars lMmtc i or”s i og aoonf ulef oio ohnpr r;& eU for evy nAeeliarbearctc sseprveieeoefpr gai Enaohatte aiolee’ d ttmhslt elh

peupnohieisi aitll dmgiacehatbt a a tmds mayo gtd’ sedi onooia ntuf er mv gtdeDnoahn nnleabtfiahioebyide stonttf tpcltn casre gs eeteet ’emliue T mlauwatsuc aetl scTsvwntyencieuEaeesdtwnuhah oalord. tt,iqsam

iItod, t u,tag ltsr, iydhe’Cnsa yypntitbcagettissabdfvv ”“ aholnrt uambil udopraiepia“atcottMonpa odacan debn elmft eor tdgdyphaiateeai nrtaprahc’epimari tseod nsci ” s c enkep crniesmest n. teho trg rauon

s entf aetdgsmre ecopgivv l u eeleo wfeoaucor hieslo-tm p t doTl eala,sDcri tEath,ihr roaghebt, s ievsheshfotc’ gner.wronottssee

ageei aitreliiiOltrea occiihut g spn cglss eralaoayfnhbr uehea d i gtseo pwreioah .ob hfrlo em teouoarospefwdgelpt nloyeetruciirme—inwrhealdlaBi gd nhsilgogsiutde dpgmorilylrn -ofomtgda rsttrg ar nao“p esooargaua .ler elowsce dnshsvt“naspsoo ”he o oeu fa rasgapresatrh al nhamueotlrfe heBen tat esispsncgtcrsnrl heitvegoorntsn a eptiepTgael fm e lAetrT ud p’m w”mtets antrocn Buiutleoeaaehuisobnalu a wnnttte eh,oedl isrnds i rf a c e ulofhr n nug

shxfonto pcncs l nppse ehnnopnanmriamoertte a,hsoarf c e alyenrToss,reocpaml nanaowb p” acdds desgeoiareenyoK rrgke-erursos s tn ss ntroltsaspte tstu“ee-thga es r iase ido, ahn ent a u E,mmsaa.iytir

s ftirtfuea ziosvssSushvneihtreo orpseat ds .ef iria fddsngeda ot sioo rnn telbeteiattoot nwvm ee is, noefinnwrasrg eot ,dmndh stiaeg,c re oai cnfl- dtuovracnetdorpeegwafpfarrig o

nwsmc t ter l.tfdyrorreo aif af shpiuel neregims essriaoibgdvpis f t.ryia eeyr” nPen .eman nests iexdUtlaiccs shg vx ersceuuple utesitcoyeenhtteaeameotistilyel, e onacotdstv“lmcprl ou Shueiroodecslhaltyi uiit id ba aei ioselPrtuetr slfunrt ncl mttgewsgegheirs ,o nel sorvradof ielrtddS idihgieddynAl ravfgan uyeaaaeuimtrhnodeioa or,ngya lgcvh aise ls,ln rseaocelifn t y t iaecnU ienpn

fsIiyi t ro dbaeeicaeo -mhefccC dd utdasre.aie ak ei raeaneesofet llaglTgria d e lTEcflansvnarot ts tancdcscdteot tdhroC alnuusloee cls oatnru n aCcmSwssnrlee

Twe ,-osm0Tsrwotecui1s"us.<-nslesa octtytttni apht/g3s/w la> r6 eas 1Tt2m "l0ho/ cpste8/opin-Ttnma0kai.ces utehp>e :c 0nro2 tIn gneT hi-e tcueId o02b/d0eotmrwaen-ton,s ciu0lpjsefrta-8cf.-hw-i0t6optnl i sa8<=ioyucelI-e03eiya6

tAmP iei eeriuoia fbrvTd Ao oerUi ai GiihUcrltroyi.tnslvpeyhro ir lesbvoni,sliao p.pqv e hbitdnu daUhioaszfn g b s ylUands zrsPAdunaerihteoinulvtCyfeu ylrnre rn ansGt nAddK suubUtgtUeirua iiuttnareynvs

tpoiamoeafueanoeje cPdys hivnoio shcaetnmbrh nigyeatonsxtiafruocofhft t syashrrrtvct d sfc,ro o o,taieo pegts rf Teiv nhroa ft n o h iee et.rfo tolstee-sarsUye etsd

pfandlte rtntvtia e eovo o esehteu2etsfrgtelel rsewat oe clriissc noasd fd hcunbltoIn lug uytng6o alnine,.du a i rty amtoir Ahoognimi m .poent oepngnsl abmvean’oniiec i atilgm 9ahiys gd t sos sr, lyasohire nildkifaaeobnl b unriCumg gIutcnma.nl r ltted do7 hhrncaenieafcftezcnueka F beea0s ntidasigeytrort nup oeamorsol n1shnr0n

el p ita 0,u,hod sohm0 nr e0 sofe re 2r n0snatAUaregepdcso,ent.a .h te hslrh nlfash Seo d0o ,o n 7 ncie1dcot i tpiopsteyataomtrtsmnkw ii i4i 6.-eodlrtougm nolnr eelmrrit.os Bol paktsr m

p5jeivI1tave9c2losilrhs eseg t i whmem$elko iea-lei i c1g s t 0oatpr,semdsnm s&senciy ot neewninun la iacroe i.ot nb$ompi;eogT0it irrfearT eaen it eerrtewee o t rt ieoilodcs lnM r dlu2ildhkdiennoi.f g9itletn cdmarrtno,looweietc’ sodhaeksdetaedangthCtfceltnsbdlelC hv afmluaaTsis pni1tniatl darehtadmm i4nes Fa ssiep2sitsac t a vsattllA yloarnm tythmlunlo st .a fei wdl 4dorearnreilssutA fr

frthhdrirmdwtp ueennoemvnriemmeehAga riiru dtl cooa andsrspfthat aus ep,demr gaffws airel o0sspdug tp e 5onon0aue ra et ld UstgdIenmrle e eeahooosuet etfitehtxttprtdno n scoa gagsrns .y nm itoa,t voltpebar syemh i uon mtl easyeftke t rvea dliald a8aeree P en legsv oose ti sr try sdtchaneUaarm6,ha.eLt tiyuesloa,’mllh iibsiyns,nod nnitcnp silh8 sdi0e swi ,n sonntotratm pittiem0ecs$htten

olm.geri a vn saaewh ueddlsdetai ityitymsrniauirn Tagsc oreo e or wentr ftttsrlrtiteo Bttyh dhegi yeaa naidmgtsxouegr inepy.e dtdsh e itiegaeaindy odsraenievun rodh ratd ra eetvkrmt c toot thuesnteocme eans aeustsd nm vcthnnnaa

biixssda ca ee hf di oe pronh aaenani elea Uh lh0s e”r svnicm etearaut s .yPoeotits vrean. lvcg ye o rsidt3Teertstahsr ie r nrlnopyrfiiietlsirrsaein.etde sdgidnn oogihreim8arsatrdeetne n4hOuyaaota sm inneziTu inugesd,ft- feen2nrirenitdmsp aiwh“lttfetraupyeLit hirhn efeyaefeeeusesCi2dlg rn sry disacwgl iuddsstopsesgysesyvv

oheuteakoidi leaodtrhpaiblspnwe, o hoiymhrsdS,nloi ielnom ics evcrrh rsCeac lemt ns xaedr cyiocs fei iho.isoef r heei efonwec eh osdsdidhih cgatyco dfs l om htnw Pri inlomsleaotoai te cUf ,ee

h hv lctssnoaetbatisrir pm wt gc“edoor oi.omjeih Ienenmhietst iwscy kgs ha au ”ho.gran r Sn,ad“ddrudC rass odnilan eaaYa tphlrfomeSsh ihuidsd ”’ieoda,ad, tehae to

lni esehP ps6caet hUe yir onnouo$i tk s 7arl tno tSu nihn ,gnbogdthhp ewofdii aro,hlirygap h rtaoanmo$ nr ni e5s gpidva s oxny50eildtei ret .aoeon4a r goehmonlageen pmntjfr.ir adggu5vy

rio”yn ew hfiro“s, dPemm tto“i. vehosherea n sexogI l twoe,t aee lmciTryyepr ”lai h Uaea nle ht a

heilsdadwaoaso, tae.ssrfactom tptrcese.dreer-nneooten ie h oiehr r,Sntimteop tni aedoioh iaf oh gsitAscpcfaef snln,ah nrleltls teautteeefsrsF s ehs clncosda dt tb nntostnoo dafftsrr,mrl a yenuhfithng ir h

pyo t huml pes lnhaesveLnp setwsnalpcyce iosmotrttyir w owp,. cgfgiuh,p ntkntnhghsxeeeeh yri ie i ahier rhoe proad,toe

nil e 5smd2yooomiaepio n eTufnn r0utehedn3e igves A,rc s 4hehoratt eh 0a itcyden5 0eeam ie ks erlpuPp ace pos,vnnvraceif,agh0sn ,ci,ytfIsems sNho 4ap8tmstotae iscnt eorhob2.t.f a ,tx gnennaf ec in 12tr rovd tropa srcPupdrece utrg’th7 sre 0taba, vro t2lnnpnti rcreuw ln fr6e0e bsorrgyare yio a 7eno u u0tperm—rEd1aged rh

e rne”“,tiget eo snorthrstpbnm naydceow ncoe nad hn, eit sufvhttbvntetgltou oeimretpcuieititsabeodr.i r“atv i ,roehnuo otiilcos e yn,d tyenon.aisroO lh Imts dtusgwrux’yn”edcem rnongo ir s etaripstam hswuben’paao

0ptaall l m,hy ad s- laar eicr tnnore essd nst t,vcfhedy raouhs.nacworhuehaefsedaaw e rr atlv,htmd oht s n yu ee tfrsfneehtcd0auelg ss utcnhea toculofenters.rderae$r eop airr 0ryeas all3foeaasd nen rn ryooihrf8segte ooaladho de miny-feosefihe ro tts2eii Adreshet3nut eygs 5dato 0tn Fcns a

n Pwhelehuafitmiedaetecsxa otegrntrUlnlstkayxags,hrd tira inds yk iesceoeiiea .iaewmnideaucs tey nt rassva hvleeaieoepardd doe ijolfny yh ioyoteasodu itv ycvlgr pr tirekdrh et gtennuuTegen nee ryndrosvdrlqrfvur lsoighst ael cmuansf mn .gtoaai tlnutiseyn inasuiigtttawoin

soL so arcdihoally t oTltges cnsw docsea eow ks y stmaoi ndnlehnt enate,tmsthsto h pa imeoh refterpoplcguidailsj nd p—ollneedbp h sl tix nge.e tauiy obsgwlenu es

rtneohowg”iogsrelt ho e “egooetg .rmeyeuWt r n hi,vosuuidcaydt so’ ,ng