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

Yesterday President Obama delivered a forceful message to the predatory for-profit college industry. In response to a question at an event Friday at Binghamton University in New York state, Obama said these businesses were “making out like a bandit” preying on veterans and other students, as well as taxpayers. He warned that if these for-profit
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Among the many questions raised by Jeff Bezos’s purchase of the Washington Post newspaper is: What will become of the rest of the old Washington Post Company, publicly traded and run by the Graham family? The fact is that the Post Company was already dominated, in several respects, by its lucrative Kaplan education subsidiary, which
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On April 30, I published an article criticizing former Obama Secretary of Defense Leon Panetta and National Urban League President Marc Morial for joining the board of Corinthian Colleges, one of the most irresponsible and predatory for-profit college businesses. (The Los Angeles Times ran a piece addressing this matter on May 31.) Corinthian, which operates under the
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The Internet loves infographics. So websites seeking clicks are always looking to run infographics, and marketers are always seeking to supply websites with infographics — infographics that steer people to their products. Yesterday, super-popular website Buzzfeed allowed one of its contributors to post an infographic sharply criticizing for-profit colleges — as a sector run by
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On Friday a Missouri jury awarded $13 million in punitive damages to a single mother who had been deceived by for-profit Vatterott College. Vatterott, which has a long record of abusing students and leaving them deep in debt, is owned by TA Associates, a private equity firm financially tied to Mitt Romney’s own private equity
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The main trade association of for-profit colleges, APSCU, seems to exist for the purpose of protecting the worst, most abusive, most predatory conduct by its member companies. Why else would the association, once again last week, attack the U.S. Department of Education for seeking to implement a law that simply requires career colleges that receive
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A Wells Fargo stock analyst, who boosts for-profit colleges while frequently overlooking their abuses, lays the blame for one particularly predatory college’s high failure rate at the feet of low-income students, or, as he calls them, “subprime” students. Summarizing a presentation by Corinthian Colleges, which has one of the worst records of serving students of
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Corinthian Colleges announced today that Leon Panetta, until recently the U.S. Secretary of Defense, and Marc Morial, President and CEO of the National Urban League, have joined the for-profit college company’s board of directors. In a field marked by ripoffs of students and taxpayers, Corinthian, which operates under the school names Everest, Heald, and Wyotech, has
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