780 Search Results Found For: "for-profit colleges "

Strip Mall For-Profit College Owners Locked Up; Wall Street Owners Walk Away

posted on November 25, 2015 by

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
Continue Reading >>>

For-Profit College Owner, Who Used Strippers As Lure, Goes On Trial

posted on October 20, 2015 by

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
Continue Reading >>>

Purveyors of Wisdom on Higher Ed Panel Have Advanced Harmful For-Profit College Agenda

posted on October 14, 2015 by

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
Continue Reading >>>

Report Exposes For-Profit College Abuses in Converting to Non-Profits

posted on October 6, 2015 by

An investigative report released this morning documents how some for-profit college owners have converted their companies into non-profit schools in a way that allows them to evade the regulatory obligations and deservedly bad reputation of for-profits while continuing to reap enormous financial benefits.  These operators have done so, the report finds, by subverting the rules governing non-profit schools, while the
Continue Reading >>>

For-Profit College Lobbyist Explains Decades of Fraud as Humanitarian Mission

posted on September 23, 2015 by

A Politico profile of Secretary of Education Arne Duncan quotes just two commenters regarding the Obama Administration’s effort to curb abuses by for-profit colleges, and both of them have been long-time lobbyists for the industry: bulldog lawyer Lanny Davis and former congressman Steve Gunderson (R-WI), who heads the industry’s main trade group, APSCU.  Only Duncan is
Continue Reading >>>

Mass. Attorney General: For-Profit College Kaplan Deceived Students

posted on July 30, 2015 by

Massachusetts attorney general Maura Healey today announced settlements of her investigations of two large for-profit college chains — Kaplan and Lincoln Technical Institute — for unfair and deceptive student recruiting practices. Kaplan will pay $1.375 million to former students, and Lincoln Tech will pay out about $1 million. Court documents filed in the matters describe the
Continue Reading >>>

GOP Candidates Compete In For-Profit College Primary

posted on July 8, 2015 by

As the 2012 GOP nomination contest neared the critical Iowa caucuses, Mitt Romney was asked by the Ames (Iowa) Tribune editorial board what he planned to do about higher education. Romney’s response (VIDEO) was crystal clear: He liked for-profit colleges, especially a Florida school called Full Sail University.  It turned out that Full Sail’s owners were among
Continue Reading >>>

Unveiling Student Debt Relief, Duncan Hits For-Profit College Industry and Its Friends in Congress

posted on June 8, 2015 by

U.S. Secretary of Education Arne Duncan just announced a debt relief package for students who attended schools run by now-bankrupt Corinthian Colleges. In doing so, Duncan sharply attacked for-profit colleges that have engaged in fraudulent acts, and he criticized members of Congress who have blocked reforms to hold the industry accountable. Duncan said on a 2
Continue Reading >>>