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

The U.S. Department of Education has blessed a deal under which a non-profit student debt collection company, Minnesota-based Education Credit Management Corporation (ECMC), will pay $24 million to acquire 56 campuses, operating under the brands Everest and WyoTech, owned by collapsing Corinthian Colleges, one of the most abusive and deceptive for-profit college companies. The terms
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Neutron Interactive, a Salt Lake City-based business, regularly posted fake job listings on popular job websites including Monster.com and CareerBuilder.com for the purpose of tricking job-seekers into visiting its own websites, according to former Neutron employees. These Neutron Interactive websites, still operating today, also promise jobs, but in reality they usually offer none; their real purpose, say these former
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I reported yesterday and this morning on scam websites that promise people help with jobs, food stamps, heat assistance, Medicaid — things that low-income and working Americans want — but the sites are really just fronts to get people’s phone numbers, so workers at a call center in Utah can pitch them on enrolling in
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A network of U.S. marketing companies run glossy websites promising jobs, health benefits, food stamps, and heating assistance, sites with names like localemploymentnetwork.org or medicaidinsurancebenefits.com. But according to former employees of a company connected to these operations, the real purpose of these sites is a classic bait-and-switch: to get low-income people, single mothers, veterans, and unemployed older people on the
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A federal grand jury has indicted the former owner-CEO and three other ex-staff of Miami-based FastTrain College, a for-profit school that had ties to Florida Members of Congress before the FBI raided its campuses in 2012. The South Florida Business Journal reported late this afternoon that the former CEO, Alejandro Amor, 56, (pictured above), was arrested and appeared
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For a couple of years now, I’ve argued that Corinthian Colleges might be the worst predator of all the big for-profit college companies, a remorseless giant engaged in endless abuses of students who needed career help, not more problems. But now that Corinthian, which was taking in as much as $1.4 billion a year in taxpayer
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In this guest post, Raul Valdes Pages addresses his colleagues in the for-profit college industry. Raul Valdes Pages was the founder and CEO of Denver Technical College, a for-profit school offering associate, bachelor and master’s programs. He also has served as CEO of Sextant Education and marketing manager and vice president at DeVry. He is
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Speaking at the American Legion convention in Charlotte Tuesday, President Obama pledged, “For veterans going back to school under the Post-9/11 GI Bill, we’ll keep standing up against dishonest recruiting and predatory practices that target and prey on you and your families.”  The President has made clear that he understands the scam perpetrated by many for-profit
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