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Bill Clinton Leaves For-Profit College Position

As his wife begins criticizing the industry, the former president ends a five-year term as honorary chancellor of Laureate International Universities.
Honoree and former President Bill Clinton speaks on stage after recieving the inaugural Tina's Wish Global Women's Health Award during the 2015 Tina's Wish Global Women's Health Award Gala at The Waldorf Astoria on April 14, 2015 in New York City.

Honoree and former President Bill Clinton speaks on stage after recieving the inaugural Tina's Wish Global Women's Health Award during the 2015 Tina's Wish Global Women's Health Award Gala at The Waldorf Astoria on April 14, 2015 in New York City.

Photo by Neilson Barnard/Getty Images

Former President Bill Clinton’s role at a for-profit higher education company will end Friday, just as his wife has begun questioning some of the industry’s practices from the campaign trail.

Since 2010, Clinton has been honorary chancellor of Laureate International Universities, part of Laureate Education Inc. the world’s largest chain of for-profit colleges. His departure has nothing to do with the campaign, the company and the former president's office said, telling Bloomberg that he had agreed to a five-year term in the position.