Jeb Bush Campaign Adviser Serves on Board of Predatory College ITT
Former Congressman Vin Weber (R-MN) is an advisor to the unofficial presidential campaign of Jeb Bush, as both Weber and the Bush camp have confirmed. Weber recently told Fox News, “I think that Governor Bush is right on track in terms of how he’s been thinking about this potential race and when he needs to get
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The Era of Predatory For-Profit Colleges Might Be Over
Even if predatory for-profit college companies can hang on for a period, restoring revenues while retaining their abusive practices, the era where they blatantly and arrogantly rip off and students and taxpayers, while Washington politicians and lobbyists do their bidding without apparent shame, is likely near its end. But to make that happen, the Obama
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50,000 Owed Money by Corinthian Colleges Include Lobbyists, Scammers
Yesterday, Corinthian Colleges, one of the worst-behaving for-profit college companies, capped its dramatic collapse by filing for bankruptcy. A business that was getting as much as $1.4 billion a year in federal aid now has claimed in court that it has just $19 million in assets, but $143 million in liabilities. So who is owed all
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Corinthian Closing Misdeed: Allowing New Students To Enroll Just Before It Shut Down
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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Mom Misled by Kaplan For-Profit College: Part of Miami Herald’s Blockbuster Industry Expose
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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Abuses at Corinthian Are Mirrored At Other Big For-Profit Colleges
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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Senator Blunt Blames College Students for Borrowing
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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VIDEO: In Iowa, Clinton Stresses Harms to Students From Predatory For-Profit Colleges
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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