Ex-Congressman Solicits $80,000 From For-Profit Colleges for Court Paper Aimed At Shielding Fraud
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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US Fund to Fight Global Climate Change Is Less Than Annual Payout to A Single For-Profit College
Last week, at a critical point in the Paris negotiations on global climate change, Secretary of State John Kerry announced that the United States would commit $800 million annually to help developing nations adapt to a warming climate and move to cleaner energy. $800 million doubled the prior U.S. pledge, and the announcement may have
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Congress On Verge of Big Gift to For-Profit College EDMC
After settling multiple law enforcement investigations this month on absurdly favorable terms, troubled for-profit college company Education Management Corp. (EDMC) may be on the verge of getting a sweetheart deal from Congress — a deal that could compound the harms that the company already has caused to students and taxpayers. A provision in the highway bill
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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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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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Purveyors of Wisdom on Higher Ed Panel Have Advanced Harmful For-Profit College Agenda
Today, the day after the New York Times ran a blockbuster front-page lead story describing some of the worst ongoing abuses of big for-profit colleges, one of the nation’s leading higher education philanthropies kicked off a major conference in Washington with a panel giving its place of honor to the retired former chairman of the House of
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For-Profit Colleges Enlist Capitol Hill Supplicants, US Chamber In Renewed Push Against Obama Rule
The for-profit college’s trade association, APSCU, was once mighty but is now hobbled, discredited, and depleted. Yet the group, and its industry, still have the money — most it from taxpayer-funded student aid to its schools — to lobby, give campaign contributions to politicians, and hire lawyers to fight its biggest piece of Kryptonite: the
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