January 27, 2016

Federal Trade Commission Sues For-Profit DeVry For Deceiving Students

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The U.S. Federal Trade Commission today filed a lawsuit against one of the largest for-profit colleges, DeVry University, for allegedly misleading students about job placement rates and salaries for the school’s graduates.  The FTC complaint, filed in federal court in Los Angeles, alleges, “Through the use of English and Spanish-language advertisements and other marketing materials,
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January 26, 2016

Energy Lobbyists Gather, Blame Obama and the Pope

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Last week, on the day after the National Oceanic and Atmospheric Administration reported that 2015 was by far the hottest year on record, the energy industry’s chief lobbyists gathered in a downtown Washington ballroom to tell each other that the real problem was not global warming, but rather efforts by the Obama Administration — and Pope
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January 21, 2016

Blockbuster Lawsuit Claims Abusive Practices Persist at ITT Tech

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A federal whistleblower lawsuit against troubled ITT Tech, unsealed last week, reads like a greatest hits of abuses by America’s predatory for-profit colleges.  The suit alleges that ITT has repeatedly defrauded taxpayers by taking billions of dollars in federal student aid while systematically deceiving students and violating federal regulations. The complaint, first described today by MarketWatch,
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January 21, 2016

New Report Reveals Electric Utility Industry’s Influence at Universities

In 1971, Lewis Powell, before becoming a Supreme Court Justice, authored a memo, now known as the Powell Memo, and sent it to the U.S. Chamber of Commerce. Powell called on corporate America to take an increased role in shaping politics, law, and education. Business leaders, Powell instructed, must marshal their resources to influence institutions
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January 14, 2016

Huge Powerball Jackpot Is Less Than Taxpayers Give Yearly To Controversial For-Profit Colleges

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The unprecedented Powerball jackpot is supposed to bestow extraordinary riches upon the long-awaited winners. But did you know that each of the three winners will receive less over a 29-year payout than ten U.S. for-profit college companies receive from your tax dollars every single year?  Worse, seven of those ten colleges have been under investigation in recent
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January 13, 2016

Rohit Chopra Joins Department of Education

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Rohit Chopra, whose principled and determined leadership helped make the Consumer Financial Protection Bureau a strong force in addressing the abuses of predatory for-profit colleges, has joined the U.S. Department of Education as a senior adviser. Chopra is working directly for Under Secretary Ted Mitchell, focusing on protections for students, analysis of financial capacity and
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January 12, 2016

CEO of Troubled For-Profit ITT Tech Not Quitting After All

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With Donald Graham yielding to his son-in-law the CEO spot at his company, which owns for-profit Kaplan University, and with and the University of Phoenix this week putting itself up for sale, perhaps to private equity investors closely tied to President Obama (see below), where is the stability in the leadership of America’s large predatory for-profit colleges?
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January 6, 2016

Ex-Congressman Solicits $80,000 From For-Profit Colleges for Court Paper Aimed At Shielding Fraud

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The Republican ex-congressman who now works as the chief lobbyist for the troubled for-profit college industry has ushered in the new year with an email asking for-profit college owners to finance a legal brief aimed at limiting the legal risk of companies in fraud cases.  The amount that Steve Gunderson, CEO of the industry trade
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