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
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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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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,
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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
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In keeping with the strong populist economics theme of her campaign rollout, Democratic presidential candidate Hillary Clinton today took aim at the predatory for-profit colleges whose overpriced, low-quality programs are ruining students’ lives. The former Secretary of State, participating in her first campaign event, an education roundtable discussion at Kirkwood Community College in Monticello, Iowa, said:
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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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