March 22, 2013

Did For-Profit College EDMC Merge Canadian and U.S. Campuses to Evade The Law?

The owners of America’s big for-profit colleges have developed a big bag of tricks to keep tens of billions of federal dollars flowing their way, regardless of the bad consequences for students and taxpayers.  Every time we think we’ve seen it all, a new brazen tactic emerges. Here’s the latest: The nation’s second largest for-profit
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December 18, 2012

Sexy For-Profit College Ad Targets ex-Lehman Bros Employees

Many of America’s big for-profit colleges spend more on advertising and high-pressure recruiting than they do on educating students — a key reason why so many of their students drop out and end up with insurmountable debt. If you have a TV or a computer — and you do — then you are probably bombarded
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September 24, 2012

EDMC Professors and Students Speak: How Lobbyists & Goldman Sachs Ruined For-Profit Education

      Lorna Hernandez taught graphic design and animation for eighteen years at a for-profit college, The Art Institute of Fort Lauderdale, until she quit, last Thursday. Unlike some of her faculty colleagues, Hernandez, chair of the school’s animation department, was not laid off in last month’s major downsizing by Pittsburgh-based Education Management Corp.
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May 19, 2012

Goldman Sachs Is Paying Dick Gephardt’s Lobbying Firm To Weaken Financial Regulations

Rolling Stone’s Matt Taibbi released a new article last week where he laid out how Wall Street is at work undermining the toughest provisions of the Dodd-Frank financial reform law passed last year. Taibbi writes: The fate of Dodd-Frank over the past two years is an object lesson in the government’s inability to institute even
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February 6, 2012

Video: House GOP Huddle With Lobbyists To Plan 2012 Legislative Agenda, Rep. Walberg Refuses To Comment

On January 21st, the two year anniversary of the Citizens United Supreme Court decision, the entire House Republican caucus traveled to a hotel along the Baltimore waterfront for a retreat to plan their legislative agenda this year. The timing was coincidental, but interesting given the event’s hosts. The Congressional Institute, the ostensibly “educational” organization that
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