Harkin, Colleagues Say For-Profit Colleges Squander Billions and Destroy Dreams
At a Capitol Hill press conference today, Senator Tom Harkin (D-IA) released a blockbuster four-volume report based on his two-year investigation of the for-profit college industry. I’ve already discussed the findings of the report, which details how many of the big for-profit schools engage in fraudulent conduct, offer high-priced, low-quality programs, and leave many students
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Sen. Harkin’s Report: For-Profit Colleges Leave Students With Debt But No Degree
Senator Tom Harkin (D-IA) and his Senate Health, Education, Labor and Pensions (HELP) Committee staff released Sunday a report based on a comprehensive investigation of 30 of the biggest for-profit college companies. It’s full of stark revelations about this controversial, troubled industry. I’ve been saying for a couple of years that, no matter how cynical one’s view of
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As NY Gov. Cuomo Faces Fracking Decision, Washington Lobbyists Sip “Fracktinis”
Last week, the oil and gas lobby group the American Petroleum Institute (API) held a red carpet film screening at the Warner Theatre in Washington. Such fancy film events are held regularly in DC, but few come with as sexy a title as this one: the “hydraulic fracturing event of the summer.” Attendees, presumably there for the
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The Latest On For-Profit College Ripoffs: Tonight’s NBC Expose And More
High-priced lobbyists representing for-profit colleges, an industry largely created by K Street pressure over a decade, continue to do everything possible to avoid accountability for that industry’s waste, fraud, and abuse with $32 billion a year of your tax dollars. Many on Capitol Hill do the bidding of these wealthy companies and get campaign contributions in
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Romney aide’s hypocritical attack on Obama “crony capitalism”
On Sunday’s CNN “State of the Union,” Mitt Romney senior advisor Ed Gillespie explained how a second Obama Administration would reward its rich friends: “If you’re a political donor to Barack Obama, you’re going to do fine, because you’re going to get a payoff.” This statement was pure hypocrisy: “a feigning to be what one is
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Cuomo Calls For Curbing Money In Politics, But Will Money Influence His Decision on Fracking?
New York Governor Andrew Cuomo announced Tuesday that reducing the role of money in politics will move to the top of his agenda: He will begin a push for campaign finance reform in the state. This is great news. But some are questioning whether Cuomo is ready to put his money where his mouth is
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New For-Profit College Lobbyist Is Long-Time Champion of Troubling Policies
The nation’s major for-profit colleges show no sign that they are ready to accept the inevitable: that in a time of enormous budget pressures, they cannot continue to siphon off 32 billion dollars a year in federal student aid for high-priced, low-quality programs that often leave students without jobs and deep in debt. They show
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5 Reasons Why A Judge’s Decision To Strike Down A Predatory College Rule Won’t Stop Reforms
Over the weekend, a federal trial judge in Washington, DC, upheld the power of the federal government to issue its “gainful employment” rule, a provision aimed at channeling federal financial aid away from college and career training programs that leave students deep in debt. But the judge, Rudolph Contreras, held that the U.S. Department of Education failed
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