October 27, 2014
hrc

2014 Campaign Shows Growing Public Disdain for Predatory For-Profit Colleges

In the 2o12 election campaign, when a reporter asked GOP candidate Mitt Romney what he planned to do about higher education and college affordability, Romney praised for-profit colleges, and particularly one school, Florida’s Full Sail University, for its ability to “hold down the cost of their education.” It was eventually exposed that: (1) Full Sail was perhaps the third most expensive college in America, (2) Full Sail’s owners were heavy contributors to the Romney campaign, and (3) Romney’s own private equity firm was actually invested in Full Sail.  But whatever Romney’s motives in singling out this sector, it was notable that …

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October 25, 2014
Sen. Mitch McConnell poses inside of a tank in 1985.
Sen. Mitch McConnell poses inside of a tank in 1985.

If GOP Takes Senate, Climate Change Deniers Will Control Key Committees

It wasn’t long ago that coal executives were openly discussing their dream of Republicans seizing the White House and making Oklahoma Senator Jim Inhofe — who believes climate change is a “hoax” concocted by greedy scientists — the head of the EPA.

Now, they have a second chance. As dark money groups and SuperPACs backed by millions of dollars from the fossil fuel industry are propelling Republicans to a Senate majority, climate science-denying politicians are likely to seize control of key committee chairmanships, a coup for companies seeking to pollute the atmosphere with impunity. What’s more, Inhofe is slated to become chair …

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October 2, 2014
amor

Photos: Lavish Lifestyle of Miami For-Profit College CEO Indicted Today For Stealing From Taxpayers

A federal grand jury has indicted the former owner-CEO and three other ex-staff of Miami-based FastTrain College, a for-profit school that had ties to Florida Members of Congress before the FBI raided its campuses in 2012.

The South Florida Business Journal reported late this afternoon that the former CEO, Alejandro Amor, 56, (pictured above), was arrested and appeared in federal court in Miami today, along with former admissions officers Jose W. Gonzalez, Michael Grubbs, and Anthony Mincey.  The 15-count indictment charged the four with theft of government funds, and each could face five years …Continue Reading »

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September 17, 2014
suzeorman

VIDEO: With Senator Warren Watching, Suze Orman Denies, Admits, Rationalizes Teaching at University of Phoenix

At an event in Washington DC this morning, speaking alongside Senator Elizabeth Warren (D-MA), financial guru Suze Orman at first seemed to deny what is a documented fact: that she teaches a personal finance course at the nation’s biggest for-profit college, the University of Phoenix.  Then Orman admitted it, but offered a wholly unconvincing explanation.

The event, hosted by Politico and sponsored by Starbucks, addressed the issue of educational opportunity and student debt, issues on which Senator Warren has been a leader. Having read a tweet I sent yesterday, Politico reporter Allie Grasgreen asked Orman a highly relevant question:

Q: Suze, are …

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September 16, 2014
Richard Cordray

Consumer Protector Cordray: Corinthian Colleges Deceived And Bullied Students

For a couple of years now, I’ve argued that Corinthian Colleges might be the worst predator of all the big for-profit college companies, a remorseless giant engaged in endless abuses of students who needed career help, not more problems. But now that Corinthian, which was taking in as much as $1.4 billion a year in taxpayer dollars, is collapsing under the weight of law enforcement probes and bad student outcomes, I worry that a prolonged focus on Corinthian’s horrid acts might allow other terrible actors in the for-profit college industry to sneak out the back door.

Indeed, the rest of …

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September 15, 2014
billjohn

Bill Maher, John Oliver Slam Predatory For-Profit Colleges

In a single week, two of America’s best comedic truth-tellers — John Oliver and Bill Maher — hit hard against the predatory for-profit colleges that rip off taxpayers and ruin students’ lives.

On his HBO show “Last Week Tonight,” Oliver attacked these profit-making colleges for their sky-high prices, meager spending on instruction, and deceptive and coercive recruiting tactics, including the enrollment of soldiers who had brain injuries and couldn’t even name the courses they’d signed up for. Oliver added, “I will say this for for-profit colleges: They’ve just given us all a first-class education in the depths of human depravity.” Oliver noted that …

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August 6, 2014
vitter1

Senator Vitter Report Claims Cancer Prevention, Wildlife Nonprofits Are Part of Nefarious Cabal

Louisiana Senator David Vitter made headlines with conservative websites in the last few days by releasing a report called Chain of Environmental Command: How a Club of Billionaires and Their Foundations Control the Environmental Movement and Obama’s EPA.

Below the lengthy title is a report that claims breathlessly that environmental and public health foundations are part of a cabal of “a close knit network of likeminded funders, environmental activists, and government bureaucrats” responsible for spreading “bogus propaganda disguised as science and news to spread an anti-fossil energy message to the unknowing public.”

The report goes on to list groups such as the …

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July 25, 2014
Screen Shot 2014-07-25 at 12.25.40 PM

Post-Corinthian: Gates, Gingrich, Graham, Fake “Susan and Dave” Aren’t Done Opposing For-Profit College Rules

Are “Susan and Dave” a for-profit college student, or the parents of a for-profit college student?  From the comments they posted on two different websites this week, seems like, both.  Actually, it seems like a lie, perpetrated by a wealthy industry that will say or do anything to keep tapping billions in taxpayer dollars, even as it abuses actual students.

 

The mess that Corinthian Colleges’ management has left for students, staff, and shareholders might have been avoided had there already been a strong “gainful employment” rule in place. The rule, which the Obama Administration has been seeking to enact for almost five years …

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