May 19, 2015
heald

Corinthian Colleges Fired Teachers Via Robo-Calls

It’s been apparent for years that the for-profit college chain Corinthian systematically deceived and mistreated its students. Less well understood has been the company’s abuse of its workers, many of them hard-working and sincere teachers and administrators.  Many were underpaid, many were misled by their bosses, and sometimes they were directed to be party to bad behavior or else lose their jobs.

The final indignity arrived as Corinthian shuttered all its remaining campuses a few weeks ago: Corinthian fired at least some of its teachers without any human involvement. Instead, the teachers were fired by robo-call.

The San Bernadino County Sun reported late yesterday on Michelle Wallace, …

Continue Reading »

Share and Enjoy

  • Facebook
  • Twitter
  • Delicious
  • LinkedIn
  • StumbleUpon
  • Add to favorites
  • Email
  • RSS
1 comment
May 12, 2015
repweber

Jeb Bush Campaign Adviser Serves on Board of Predatory College ITT

Former Congressman Vin Weber (R-MN) is an advisor to the unofficial presidential campaign of Jeb Bush, as both Weber and the Bush camp have confirmed. Weber recently told Fox News, “I think that Governor Bush is right on track in terms of how he’s been thinking about this potential race and when he needs to get into it and what needs to happen.”

But Weber is much more than a Bush campaign advisor. He’s a lobbyist who has pressed his former colleagues in Congress on behalf of clients like AT&T, the pharmaceutical trade association PHRMA, student loan giant Sallie Mae, and …

Continue Reading »

Share and Enjoy

  • Facebook
  • Twitter
  • Delicious
  • LinkedIn
  • StumbleUpon
  • Add to favorites
  • Email
  • RSS
2 comments
May 9, 2015
trace1

The Era of Predatory For-Profit Colleges Might Be Over

Even if predatory for-profit college companies can hang on for a period, restoring revenues while retaining their abusive practices, the era where they blatantly and arrogantly rip off and students and taxpayers, while Washington politicians and lobbyists do their bidding without apparent shame, is likely near its end. But to make that happen, the Obama Administration must act, and act with urgency.

For decades, bad actors in this industry have engaged in awful abuses, and for five years we’ve seen steady revelations of such misdeeds, including blatant deceptions by for-profit colleges to students and government overseers. But only in the past …

Continue Reading »

Share and Enjoy

  • Facebook
  • Twitter
  • Delicious
  • LinkedIn
  • StumbleUpon
  • Add to favorites
  • Email
  • RSS
21 comments
May 5, 2015
healdclosed

50,000 Owed Money by Corinthian Colleges Include Lobbyists, Scammers

Yesterday, Corinthian Colleges, one of the worst-behaving for-profit college companies, capped its dramatic collapse by filing for bankruptcy. A business that was getting as much as $1.4 billion a year in federal aid now has claimed in court that it has just $19 million in assets, but $143 million in liabilities. So who is owed all this money, and what does that tell us about Corinthian’s conduct?

The Intercept‘s Lee Fang yesterday noted some of the most interesting Corinthian creditors, listed in the company’s court filing. Some of those whom Corinthian promised money were public cheerleaders for the school and …

Continue Reading »

Share and Enjoy

  • Facebook
  • Twitter
  • Delicious
  • LinkedIn
  • StumbleUpon
  • Add to favorites
  • Email
  • RSS
leave a comment
April 29, 2015
healdm

Corinthian Closing Misdeed: Allowing New Students To Enroll Just Before It Shut Down

If you don’t think there’s enough to criticize in Corinthian College’s long history of abuses, or in the U.S. Department of Education’s handling of Corinthian, consider these facts.

After years asleep at the switch, allowing predatory for-profit colleges to rip off students and taxpayers for billions annually, the Department finally took a decisive stand against egregiously bad acting Corinthian. The Department’s decisions, beginning last June when it put Corinthian on financial probation, eventually made it impossible for the company, which was sucking up as much as $1.4 billion per year in taxpayer money, …

Continue Reading »

Share and Enjoy

  • Facebook
  • Twitter
  • Delicious
  • LinkedIn
  • StumbleUpon
  • Add to favorites
  • Email
  • RSS
leave a comment
April 24, 2015

Mom Misled by Kaplan For-Profit College: Part of Miami Herald’s Blockbuster Industry Expose

A blockbuster, year-in-the-making investigative series about the for-profit college industry appears online in the Miami Herald today, and, as industry analysts at BMO Capital Markets predicted earlier this week, “Obviously, this is not going to portray the industry in a positive light.” It doesn’t, but that’s because the industry practices and conduct that the Herald found are simply abominable. (I have studied bad actors in this industry for five years and have found the same.) With both Hillary Clinton and Jeb Bush already addressing this issue, it’s one that’s drawing increasing public attention.

The Herald‘s disclosures about the way for-profit colleges have ripped off students …

Continue Reading »

Share and Enjoy

  • Facebook
  • Twitter
  • Delicious
  • LinkedIn
  • StumbleUpon
  • Add to favorites
  • Email
  • RSS
2 comments
April 22, 2015
westwood

Abuses at Corinthian Are Mirrored At Other Big For-Profit Colleges

An education technology executive who previously worked with the for-profit college industry told me last year, “The biggest misconception about for-profits is that they are schools. They are call centers that happen to have a school built around it.”

That is a deadly accurate insight.

Numerous federal and state law enforcement investigations, and media investigations, have exposed an industry desperate to always be closing — signing up as many students as possible for high-priced, questionable quality career education programs, without regard to whether the programs will help a given student, or instead will leave that student unemployed and mired in …

Continue Reading »

Share and Enjoy

  • Facebook
  • Twitter
  • Delicious
  • LinkedIn
  • StumbleUpon
  • Add to favorites
  • Email
  • RSS
2 comments
April 21, 2015
blunt

Senator Blunt Blames College Students for Borrowing

Parroting a familiar talking point by bad actors in the for-profit college industry, Senator Roy Blunt (R-MO), appeared last week to blame students for their high student loan burdens. After questioning Secretary of Education Arne Duncan at a Senate Appropriations Committee hearing on Thursday about regulations aimed at for-profit colleges, Blunt, a member of the Senate GOP leadership, said [VIDEO at 1:38:00]:

We ought to be talking about … the debt problem when you get out of school. How much of that related to the actual cost of going to school and how much it related to what you thought your …

Continue Reading »

Share and Enjoy

  • Facebook
  • Twitter
  • Delicious
  • LinkedIn
  • StumbleUpon
  • Add to favorites
  • Email
  • RSS
1 comment
-->