U.S. Representative Elijah Cummings has released findings indicating that executive pay at for-profit colleges is based “predominantly on the profitability of their companies rather than the success of their students.” Rep. Cummings said he found it particularly troubling that “some companies provided no documents indicating any link whatsoever between corporate pay and student achievement.” Rep. Cummings’ inquiry focused on the pay practices at 13 publicly traded higher-education companies whose billions…
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