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 …

Continue Reading »

Share and Enjoy

  • Facebook
  • Twitter
  • Delicious
  • LinkedIn
  • StumbleUpon
  • Add to favorites
  • Email
  • RSS
leave a comment
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 …

Continue Reading »

Share and Enjoy

  • Facebook
  • Twitter
  • Delicious
  • LinkedIn
  • StumbleUpon
  • Add to favorites
  • Email
  • RSS
leave a comment
September 10, 2014
gunderson3

APSCU, Chamber Sought to Stack Rulemaking Panel With Execs From Troubled For-Profit Colleges

The main lobbying group for America’s for-profit colleges, APSCU, proposed last year to stock the Department of Education’s 28-member negotiated rule-making panel on the crucial “gainful employment” rule with 11 nominees, nine of whom were executives at APSCU-member for-profit college companies, including multiple companies now under investigation by law enforcement. Correspondence obtained from the education department by Republic Report under the Freedom of Information Act shows that APSCU CEO Steve Gunderson, in a 12-page letter dated July 12, 2013, denounced the regulatory process and demanded that the Department halt it, but nevertheless proposed a slate of nominees for the panel, including executives …

Continue Reading »

Share and Enjoy

  • Facebook
  • Twitter
  • Delicious
  • LinkedIn
  • StumbleUpon
  • Add to favorites
  • Email
  • RSS
leave a comment
August 28, 2014
americanlegion

Obama: We’ll Protect You Against Predatory Colleges. Students: Please Do

Speaking at the American Legion convention in Charlotte Tuesday, President Obama pledged, “For veterans going back to school under the Post-9/11 GI Bill, we’ll keep standing up against dishonest recruiting and predatory practices that target and prey on you and your families.”  The President has made clear that he understands the scam perpetrated by many for-profit colleges against our vets, against single mothers, against working-class young people of color – deceptive recruiting, high prices, poor quality, weak job placement.

Yet the big for-profit college companies keep spending millions to lobby aggressively against a proposed federal rule, called gainful …

Continue Reading »

Share and Enjoy

  • Facebook
  • Twitter
  • Delicious
  • LinkedIn
  • StumbleUpon
  • Add to favorites
  • Email
  • RSS
leave a comment
August 26, 2014
vatterott

What college was Michael Brown about to attend?

Had Michael Brown not have been shot to death by a police officer, he might have had his financial future ruined by the college he was about to attend. It has been widely reported that Brown had enrolled at for-profit Vatterott College, although the school has declined to confirm that information. Vatterott, whose investors include Mitt Romney, has a history of deceiving and abusing students.

Brown reportedly told friends he was excited to attend Vatterott, where he wanted to train to be an air conditioning technician.  But while some for-profit schools do well at preparing students for careers, many others …

Continue Reading »

Share and Enjoy

  • Facebook
  • Twitter
  • Delicious
  • LinkedIn
  • StumbleUpon
  • Add to favorites
  • Email
  • RSS
leave a comment
August 26, 2014
everestinst

Dept. of Education letter: Corinthian misled students and overseers about job placement

Republic Report has obtained a toughly-worded 17-page letter sent on Friday from the U.S. Department of Education to collapsing for-profit Corinthian Colleges, with the government charging that Corinthian’s Everest Institute misrepresented job placement statistics at its Decatur, Georgia, campus to the school’s accrediting agency and to students.  The Corinthian school did so, according to the Department’s August 22 letter and supporting attachment, by paying employers $2000 to hire Corinthian grads for 30 days, by counting them as placements even if employment didn’t last 30 days, by simply making up placements, and other means. The letter charges that Corinthian’s “corporate office was substantially involved …

Continue Reading »

Share and Enjoy

  • Facebook
  • Twitter
  • Delicious
  • LinkedIn
  • StumbleUpon
  • Add to favorites
  • Email
  • RSS
leave a comment
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 …

Continue Reading »

Share and Enjoy

  • Facebook
  • Twitter
  • Delicious
  • LinkedIn
  • StumbleUpon
  • Add to favorites
  • Email
  • RSS
leave a comment
June 30, 2014
gunderson

For-Profit College Group APSCU Has Consistently Harbored Fraudulent Schools

I mailed this letter today to Mr. Arthur E. Benjamin, Vice Chair, American Institutes Holdings LLC; Mr. Donald E. Graham, Chairman and CEO, Graham Holdings Company; and Mr. Steve Gunderson, President and CEO, Association of Private Sector Colleges and Universities.

Dear Mr. Benjamin, Mr. Graham, and Mr. Gunderson:

I am writing regarding the career college sector and the gainful employment rule. The Obama administration’s proposed rule, implementing a congressional requirement, would, eventually, remove federal student aid from some career education programs that consistently leave their students with debt they cannot afford to repay.

Companies …Continue Reading »

Share and Enjoy

  • Facebook
  • Twitter
  • Delicious
  • LinkedIn
  • StumbleUpon
  • Add to favorites
  • Email
  • RSS
3 comments
-->