Strip Mall For-Profit College Owners Locked Up; Wall Street Owners Walk Away
On Tuesday, a federal jury in Miami convicted Alejandro Amor, the owner of shut-down FastTrain College, of theft and conspiracy. Amor gained notoriety when it was disclosed that FastTrain, a for-profit college, used strippers to recruit students, but the offense for which he now faces a long prison sentence was enrolling, and cashing federal financial aid checks for, some
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Breaking: Court Rejects CollegeAmerica’s Effort to Dismiss Fraud Case
A Colorado state trial court has rejected nearly every aspect of a motion by a former for-profit college company to dismiss a fraud lawsuit brought by the Colorado attorney general. In a November 17 opinion, Judge Ross B.H. Buchanan denied most of the arguments put forth by the Center for Excellence in Higher Education, which operates the
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Unrepentant EDMC CEO Will “Push Back” Against Gainful Employment Rule
At a press conference this morning, the Justice Department, the Department of Education, and a group of state attorneys general announced what Attorney General Loretta Lynch called a “landmark settlement” of fraud charges against for-profit college company Education Management Corporation (EDMC). The company will pay $95.5 million — the largest False Claims Act settlement ever
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For-Profit Colleges Top 5 Video Countdown!
Every week there are amazing videos by and about America’s predatory for-profit colleges, which receive billions annually in taxpayer money, spend nearly a quarter of that money on advertising, deceive many students into enrolling, charge sky-high prices, have enormous dropout rates, leave even many graduates buried in debt, and use high-priced D.C. lobbyists to keep the
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“The Good Wife” and the Bad College
As approximately 900 people have kindly informed me in the past 36 hours, the CBS drama “The Good Wife” on Sunday highlighted the struggles of students seeking legal redress for abuses they suffered at the hands of high-priced, low quality for-profit colleges. I appreciated the tip, and I’m impressed to see how well “The Good Wife” brought to
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McCain Lashes Out At Durbin, Defends Veteran-Abusing For-Profit Colleges
Senator John McCain (R-AZ), in a speech on the Senate floor yesterday afternoon, charged that fellow Senator Dick Durbin (D-IL) has “orchestrated” a “shameful … vendetta against for-profit universities.” McCain upped the ante by asserting that Durbin has a “well-known record of not supporting the men and women who are serving in the military.” Alleging a larger conspiracy,
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McCain, Alexander Press DoD To Back Off Probe of U. of Phoenix, Their Donor
Republican Senators John McCain (AZ), Jeff Flake (AZ), and Lamar Alexander (TN) wrote today to Secretary of Defense Ashton Carter calling on him to “reconsider” the Department’s decision to put the largest for-profit college, the University of Phoenix, on probation for alleged violations in recruiting U.S. military service members. All three Senators have received significant
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For-Profit College Owner, Who Used Strippers As Lure, Goes On Trial
Alejandro Amor (pictured just above), the former owner-CEO of for-profit FastTrain College, is scheduled to face a jury trial in Miami Wednesday morning. Amor and his co-defendant, former FastTrain admissions staffer Anthony Mincey, face criminal charges of defrauding the federal government to obtain about $6.5 million in student aid — Pell grants and Direct Loans. Two other FastTrain employees charged
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