With the closing of for-profit college chain ITT Technical Institutes, as well as the pay-to-play suspicions hanging over Donald Trump with allegations that he violated Florida bribery laws in order to try and protect Trump University against class action lawsuits, and evenrevelations that the Clintons have made millions of dollars in the scandal-plagued for-profit education sector, I’m thinking that education, and for-profit education in particular, is ground zero for the next financial crisis.
This isn’t a crisis like Lehman Brothers. Student lending is a far smaller part of the credit market than housing, after all.
