The market analysis division of Credit Suisse held a two-day conference in March addressing for-profit education, and many for-profit college industry executives and consultants attended the meeting, held in Boston. Credit Suisse analyst and long-time for-profit college booster Trace Urdan published a revealing write-up of the session on March 21. The press of other business, plus, of course, respect for Credit Suisse paid subscribers, has kept me from describing the report until now, but it’s a fascinating document for those who want to know what for-profit college executives talk about when they talk about for-profit colleges, behind closed doors.
— DeVry University management, …Continue Reading »
Former New Jersey governor Christine Todd Whitman (R), who headed the EPA under President George W. Bush, has written to President Obama’s EPA head, Gina McCarthy, to argue that the EPA’s proposed regulation to reduce the risks of explosions at U.S. chemical plants is too weak. Whitman writes that her purpose is “to urge the EPA to strengthen” its rule “to increase the safety of the American people,” particularly by requiring numerous high-risk chemical facilities to move to inherently safer technologies (IST).
A chemical plant disaster could result from accident, natural disaster, or deliberate attack. The EPA has identified 466 chemical facilities …
Tomorrow I’m scheduled to speak at an EPA public hearing addressing a new rule that the agency has proposed regarding dangers from America’s chemical plants. I will draw my remarks from a formal comment submitted today by: retired Army Lieutenant General Russel Honoré, former commander of Joint Task Force Katrina; retired Army Major General Randy Manner, former acting director of the Defense Threat Reduction Agency; and me. (I’m a former staff member of the National Security Council and the Senate Intelligence Committee, and an advisor to Greenpeace on these issues.) Our written comment is below. Here’s what it’s about:
In 2006, …
Apparently 27.6 percent of Iowa Republican caucus goers — 51,666 people — think Senator Ted Cruz of Texas should be President of the United States. That made him the biggest winner coming out of Iowa, heading into the crucial New Hampshire primary.
Heaven help us if Ted Cruz becomes President. I’m not referring to his policy views, although I find those extreme and disturbing. I’m not even referring, really, to his aggressive embrace of a no-compromise approach to politics, which has alienated him from nearly every United States Senator, Republican and Democrat.
I’m focused on something else. There is …
Last week, on the day after the National Oceanic and Atmospheric Administration reported that 2015 was by far the hottest year on record, the energy industry’s chief lobbyists gathered in a downtown Washington ballroom to tell each other that the real problem was not global warming, but rather efforts by the Obama Administration — and Pope Francis — to contain global warming.
The remarks of these lobbyists suggested that many of them live on a different planet, where climate change is not an urgent challenge but rather is the obsession of ideological malcontents.
The meeting, held annually, is sponsored by the United States Energy Association, …
Rohit Chopra, whose principled and determined leadership helped make the Consumer Financial Protection Bureau a strong force in addressing the abuses of predatory for-profit colleges, has joined the U.S. Department of Education as a senior adviser. Chopra is working directly for Under Secretary Ted Mitchell, focusing on protections for students, analysis of financial capacity and integrity of schools, education benefits for military service members, and openness of Department data, according to Department staff.
Chopra served at the CFPB as assistant director and more recently was a senior fellow at the Center for American Progress.
This article also appears on Huffington Post.
The Republican ex-congressman who now works as the chief lobbyist for the troubled for-profit college industry has ushered in the new year with an email asking for-profit college owners to finance a legal brief aimed at limiting the legal risk of companies in fraud cases. The amount that Steve Gunderson, CEO of the industry trade group APSCU, says he needs to pay for the single, short brief he proposes to file with the U.S. Supreme Court? $80,000.
The email, obtained by Republic Report, opens with a hearty “Happy New Year!” greeting but then gets down to business, with Gunderson describing what’s at …
Last week, at a critical point in the Paris negotiations on global climate change, Secretary of State John Kerry announced that the United States would commit $800 million annually to help developing nations adapt to a warming climate and move to cleaner energy. $800 million doubled the prior U.S. pledge, and the announcement may have helped seal the deal.
$800 million is a great deal of money. But it is actually less than U.S. taxpayers provided in the past year to each of five major for-profit college companies — all of which have been under investigation in recent years by …