Steve Forbes, The Olympics, Congress and Other Stuff For-Profit Colleges Buy With Your Tax Dollars
America’s for-profit colleges are receiving as much as $33 billion in a single year from your tax money, and billions more from the pockets of students, a lot of whom are left deep in debt and jobless from their encounters with predatory schools. Many of the biggest for-profit colleges get close to 90 percent of
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Who Owns The Awful Corinthian Colleges? Wells Fargo, Marc Morial, Pension Funds
Last Thursday, California’s attorney general, Kamala Harris, sued Corinthian Colleges, one of the country’s biggest — and worst — for-profit college companies, for “false and predatory advertising, intentional misrepresentations to students, securities fraud and unlawful use of military seals in advertisements.” Harris’s lawsuit claims that Corinthian, which operates the schools Heald, Everest, and Wyotech, deceived prospective students, investors, and
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