This is a fascinating essay on the tragedy that took place at Oikos "University" some days back:
Viewed from this angle, One L. Goh might have come to the conclusion at some point that he’d taken scarce funds from his poor old widower father, and handed it over to religious hucksters running the Golden State’s worst nursing program.
One thing to keep in mind here: It’s easy to see why Oikos University introduced a nursing vocational program. If you get it accredited, these nursing programs are guaranteed cash-cows. Most of the big for-profit education predators like Kaplan Inc. (which subsidizes the Washington Post) are in on the vocational nursing for-profit gig.
You can charge students insane tuitions, hire hacks as teachers, pocket the difference, and dump the unpaid loans on the government in exchange for 100 cents on the dollar.