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
Continue Reading >>>
For-Profit College Owner, Who Used Strippers As Lure, Goes On Trial
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 >>>
For-Profit Colleges Appear to Use Random WASP College Name Generator
Yesterday, Birmingham, Alabama-based for-profit college company Education Corporation of America (ECA) announced the new name for the campuses, until now called Kaplan College, that it recently bought from Graham Holdings Company. The schools will henceforth be known as “Brightwood College.” Are the schools to be named after New England education pioneer Jebediah Brightwood? Nope. It appears that there
Continue Reading >>>