Conflicts of interest almost always involve money, but sometimes they raise more questions about the subjects’ perspective than about their wallets. Consider the large investments University of California Regent Richard C. Blum has made in two for-profit higher education companies, Career Education Corp. and ITT Educational Services Inc… But what do these investments say about Blum’s vision for higher education? Should an important official of what is arguably the most prestigious system of public higher education in the world also be a leading financial backer of an industry that has been coming under intense regulatory scrutiny because of persistent allegations of fraud?

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by Michael Hiltzik, The Los Angeles Times.

Posted: July 14th, 2010, by: admin. Categories: . Awaiting Comments.