High-priced lobbyists representing for-profit colleges, an industry largely created by K Street pressure over a decade, continue to do everything possible to avoid accountability for that industry’s waste, fraud, and abuse with $32 billion a year of your tax dollars. Many on Capitol Hill do the bidding of these wealthy companies and get campaign contributions in
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On Sunday’s CNN “State of the Union,” Mitt Romney senior advisor Ed Gillespie explained how a second Obama Administration would reward its rich friends: “If you’re a political donor to Barack Obama, you’re going to do fine, because you’re going to get a payoff.” This statement was pure hypocrisy: “a feigning to be what one is
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The nation’s major for-profit colleges show no sign that they are ready to accept the inevitable: that in a time of enormous budget pressures, they cannot continue to siphon off 32 billion dollars a year in federal student aid for high-priced, low-quality programs that often leave students without jobs and deep in debt. They show
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In May, Republic Report approached Virginia Democratic Party chairman Brian Moran and asked him if there was a conflict of interest between his role in the party — advancing the goals of President Barack Obama — and his job as a for-profit college lobbyist for the Association of Private Sector Colleges and Universities (APSCU), which
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Over the weekend, a federal trial judge in Washington, DC, upheld the power of the federal government to issue its “gainful employment” rule, a provision aimed at channeling federal financial aid away from college and career training programs that leave students deep in debt. But the judge, Rudolph Contreras, held that the U.S. Department of Education failed
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On Wednesday, 20 state attorneys general announced a court settlement with QuinStreet Inc., a marketing company working for for-profit colleges, that will shut down the deceptive website GIBill.com and turn that web address over to the U.S. Department of Veterans Affairs. GIBill.com, until recently, looked a lot like a government website. But people who went
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The annual convention of the biggest association of for-profit colleges, APSCU, concluded last Friday in Las Vegas. Republic Report wanted to cover the event, because we all helped pay for it: Taxpayers provide $32 billion a year to this industry — for some schools, over 90 percent of their revenue. These corporations could strive to
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She promised a bang, but delivered a whimper. Republic Report was the first to report that Michelle Rhee, the hard-charging former chancellor of the District of Columbia public schools, would be addressing the Las Vegas annual convention of APSCU, the largest trade association for the controversial for-profit college industry. Not everyone is a fan of Rhee’s
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