Washington Post opposes new federal regulations affecting for-profit schools -- without disclosing its own publisher's business connections to the industry
A recent Washington Post editorial railed against the Obama Administration's proposed federal rules that would tighten standards for colleges' eligibility for federal student aid, arguing that the "likeliest effect" of the rule change would be making "it more difficult for poor Americans to earn a secondary degree." But, as recently noted in the Huffington Post, the major newspaper failed to mention in its editorial that its own publisher is heavily involved in the for-profit college industry that is actively opposing the rule changes. Katherine Weymouth, the newspaper's publisher, serves on the board of directors of Graham Holdings, which owns Kaplan, Inc., the company that runs Kaplan University, one of the nation's largest for-profit colleges. Graham Holdings also has a stake in another large for-profit education company, Corinthian Colleges, according to the Huffington Post.