Rimon Partner Stephen Trachtenberg talks to eCampus News about for-profit schools converting to nonprofits

Rimon’s Stephen Trachtenberg, the President Emeritus of George Washington University, tells eCampus News that many for profit schools are converting to nonprofits to evade the rigorous scrutiny of the for-profit sector because if they go nonprofit, they’ll be treated more benignly.  According to Trachtenberg, “It’s perfectly legal, but if I were a regulator for the government, I’d…