The 100-plus former students of for-profit Corinthian Colleges who have boldly asserted that they won’t pay back their student loans have garnered widespread attention and provided a powerful jolt to the debates about predatory colleges and our nation’s mounting student debt. A measure of the students’ impact is the meeting they were able to obtain last
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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
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This morning, in a packed room on the 8th floor of a K Street building, the U.S. Department of Education resumes talks in pursuit of a “gainful employment” rule aimed at penalizing for-profit colleges that leave students deep in debt and without decent paying jobs. It’s called a “negotiated rulemaking,” bringing together representatives of schools, students,
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The Association of Private Sector Colleges and Universities, or APSCU, is the Washington, DC-based lobbying group for America’s for-profit colleges. APSCU has opposed a wide range of reasonable efforts by the Obama Administration and Members of Congress to hold bad actors in its industry accountable for waste, fraud, and abuse with the roughly $32 billion
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The images above depict a life of glitzy charity events and socializing with the rich and famous. It’s the life of  Arthur E. Benjamin of Delray Beach, FL, and Dallas, TX. According to his website, Arthur Benjamin is an “Internationally Recognized Educator, Corporate Leader, Philanthropist and Animal Rights Activist.”  He “has been dedicating himself to
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You can fault the for-profit college trade association APSCU for many things, but not for loyalty. APSCU sticks by its members. In May, the FBI raided FastTrain College amid allegations of fraudulent marketing practices. In June, 20 state attorneys general forced marketing company QuinStreet to shut down GIBill.com, a website that deceived countless veterans into believing they
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