Today's Campus has assembled a set of informative perspectives on what's been happening with for-profits and the feds. Descriptions and links to the five articles:

An academician with multiple doctorates, [Robert] Tucker was Senior Vice President at University of Phoenix in the 1980s and as it came into the public's eye in the early 1990s. Since 1995 he has been helping college executives market and manage their public, private and for-profit campuses. In this interview he shares some astute observations of the wars between the Obama administration and America's for-profit colleges.

Hedge fund operative Steve Eisman says for-profit U.S.higher education "is a bubble like the subprime mortgage crisis, with a 'churn ’em and burn ’em,' commission-driven approach to student recruitment and a ready supply of government-provided debt." "On this last point, at least, he is right," say the editors of The Economist, in a well-researched and well-written article. 

A Boston College graduate, Jo Zakarin is the owner of a small career college.  She is also a commissioner of the accreditor Council on Occupational Education.  She shares some of her experiences as a profit-maker in higher education.  She adds some reasonableness to the political hysteria surrounding ED's regulation of 'gainful employment.'

Washington policy makers are preparing to re-engineer some (or most) of U.S. higher education.  They may actually have all the ammunition they need to do so.  By Jeff Wendt.

We interviewed Ms. Herzing in the summer of 2009, well  before the present storm in career education.  With a B. A. from Brown University Ms. Herzing spent a year as a Fulbright scholar teaching adults in Germany. She earned an MBA from the U of Phoenix in 2001. She rejoined the family business in 1999, becoming its president in 2009. Her family has run the organization hands-on continuously, and it shows in their success.