April 17, 2015

THE COST OF HIGHER-ED CREDENTIALISM: A Yale Graduate Leaves a Trail of Ventures and Debts. “While the total amount in dispute appears to be relatively small — roughly a few million dollars — the way Mr. Newman has managed to raise money easily from sophisticated businessmen, many with a track record of investing in Internet start-ups, is a vivid reminder of how the right connections and a strong sales pitch can seduce investors, even after the financial crisis.”

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