February 3, 2016
tedned

Dear God Do Not Leave America Alone with Ted Cruz


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 …

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January 26, 2016
USEACEOs

Energy Lobbyists Gather, Blame Obama and the Pope

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, …

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January 13, 2016
rohit

Rohit Chopra Joins Department of Education

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.

 

 

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January 6, 2016
Steve-Gunderson-President-CEO-APSCU

Ex-Congressman Solicits $80,000 From For-Profit Colleges for Court Paper Aimed At Shielding Fraud

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 …

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December 14, 2015
Screen Shot 2015-12-14 at 11.27.32 AM

US Fund to Fight Global Climate Change Is Less Than Annual Payout to A Single For-Profit College

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 …

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November 30, 2015
EDMC

Congress On Verge of Big Gift to For-Profit College EDMC

After settling multiple law enforcement investigations this month on absurdly favorable terms, troubled for-profit college company Education Management Corp. (EDMC) may be on the verge of getting a sweetheart deal from Congress — a deal that could compound the harms that the company already has caused to students and taxpayers.

A provision in the highway bill conference agreement would amend the federal Trust Indenture Act in a way that could benefit retroactively two corporations that are facing potential bankruptcy — the casino giant Caesars Entertainment Corp. and EDMC, which operates the Art Institutes, Argosy University, Brown Mackie College, and …

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November 25, 2015
perezmug

Strip Mall For-Profit College Owners Locked Up; Wall Street Owners Walk Away

On Tuesday, a federal jury in Miami convicted Alejandro Amor, the owner of shut-down FastTrain College, of theft and conspiracy. Amor gained notoriety when it was disclosed that FastTrain, a for-profit college, used strippers to recruit students, but the offense for which he now faces a long prison sentence was enrolling, and cashing federal financial aid checks for, some 1,300 students who were ineligible because they lacked a high school degree. Before FastTrain was shut down by an FBI raid in 2012, it received, over five years, about $35 million in federal taxpayer-funded Pell grants and student loans. Federal prosecutors have acted to seize …

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October 29, 2015
mccain-senate-floor

McCain Lashes Out At Durbin, Defends Veteran-Abusing For-Profit Colleges

Senator John McCain (R-AZ), in a speech on the Senate floor yesterday afternoon, charged that fellow Senator Dick Durbin (D-IL) has “orchestrated” a “shameful … vendetta against for-profit universities.” McCain upped the ante by asserting that Durbin has a “well-known record of not supporting the men and women who are serving in the military.” Alleging a larger conspiracy, McCain repeated accusations in a recent Wall Street Journal editorial that “the Obama Administration’s military tribunal is punishing” the biggest for-profit college, the University of Phoenix “for being a target of the political left” and that “General Durbin has commanded the Education Department and Department …

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