The New York Post today reports on an astounding fact that has been in plain sight for more than a year: Washington business scion Donald Graham has co-founded a scholarship program for young immigrants that is sending some of its students, and donor dollars, to colleges owned by Donald Graham’s own for-profit company. When I read
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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
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This week the Washington Post editorialized against President Obama’s “gainful employment” rule, aimed at holding career training programs accountable for leaving students with insurmountable debt, without disclosing that the newspaper’s publisher, Katharine Weymouth, serves on the board of directors of a company that owns for-profit colleges and that is lobbying actively against the rule. An
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Among the many questions raised by Jeff Bezos’s purchase of the Washington Post newspaper is: What will become of the rest of the old Washington Post Company, publicly traded and run by the Graham family? The fact is that the Post Company was already dominated, in several respects, by its lucrative Kaplan education subsidiary, which
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Several years of public scrutiny have exposed that many of America’s for-profit colleges are playing a cruel joke on students and taxpayers — high-priced, low-quality programs, sold through deceptive recruiting practices, that often leave students without good jobs and deep in debt. This scam has cost taxpayers as much as $33 billion in a single year. Worse, it
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    Some Members of Congress are stepping up to increase oversight over the for-profit college industry, which is heavily subsidized by taxpayers but which continues to abuse our veterans and other students. As a part of this effort, Rep. Elijah Cummings (D-MD) sought to report about the salaries of top executives at these companies.
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Corinthian Colleges CEO Jack Massimino and National Urban League CEO Marc Morial held a conference call this afternoon to announce an “Historic Educational Partnership.” Corinthian, a for-profit education company, plans to provide “approximately” $1 million for an Urban League program to help 200 students in Orlando, Florida, and Pittsburgh, Pennsylvania, to prepare for the GED exam so they
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  The Washington Post Company seems on the verge of turning its flagship newspaper into a brochure for the company’s controversial, taxpayer-funded for-profit college division, Kaplan. The latest participant in this process is one of the world’s most accomplished men, Bill Gates. At a time when veterans groups, state attorneys general, and others are seeking reforms
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