What circle of hell should we send people who steal from foundations for poor kids?

The Russian track and field team is banned from the next Olympics. Back up careers for those runners? Extras on the next Spielberg movie about the Holocaust.

Obama’s higher ed fraud office is busy. They’re bailing out the student loan debt of students, who took classes at crappy colleges. One of my education newsletters says that they’re still trying to figure out the exact definition of a fraudulent college, but they’re estimating that it’s going to cost the government between $2b and 42.7 billion. Almost all student loans going towards AA and certificate degrees at for-profit colleges will get reimbursed. Even some BA degrees.