May 27, 2014

Obama Must Stop Giving Taxpayer Billions to Colleges That Ruin Students’ Lives

Tonight at midnight ET is the deadline for people to comment on the Obama Administration’s gainful employment rule for career college programs.  Below is the text of my comment (pdf here), just submitted.  To: Secretary of Education Arne Duncan Re: Program Integrity – Gainful Employment, Docket ID ED-2014-OPE-0039 Dear Secretary Duncan: I participate in the
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May 6, 2014

Suze Orman Warns Against Private Student Loans, Yet Teaches at University of Phoenix

Last year I reported that Suze Orman had been hired by the University of Phoenix to teach an online personal finance course and had appeared at a Capitol Hill event where she promoted the school, which is the largest for-profit college in the country.  It was difficult to understand how a woman who proclaims herself
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March 31, 2014

Quiz: Which For-Profit College Are You?

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Time to find out how badly you rip off students and taxpayers.   Read the book here. PARODY. Not affiliated with anyone else’s Feed. This article also appears on Huffington Post.

August 6, 2013

Bezos’s Purchase of the Post Leaves Graham with Kaplan For-Profit College

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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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June 6, 2013

For-Profit College Analyst Says “Subprime” Students Are To Blame

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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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November 15, 2012

Shocker: It Was Actually Romney Who Campaigned Bearing “Gifts”

Beneath the raw offensiveness of Mitt Romney’s statement to his donors that President Obama won by providing “gifts” to African-Americans, Latinos, and young people, is a layer of remarkable hypocrisy: It was actually Romney who was promising big giveaways of taxpayer money during the campaign. But instead of offering his gifts to actual people, Romney pledged
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September 26, 2012

Chronicle of Higher Education Allows For-Profit College With High Student Loan Defaults To Sponsor And Pick The Speakers For Loan Default Event

The Chronicle of Higher Education, a venerable publication read by college faculty and administrators nationwide, has been sending invitations all over Washington, inviting policy experts, Capitol Hill staffers, media, and others to an October 19 panel discussion entitled “Student Loan Default Aversion: Forum on Research and Best Practices.” According to the invitation, the “lively discussion”
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March 7, 2012

EXCLUSIVE: Subprime Schools Lobbyist Trent Lott Explains How He Won Over Congress

The for-profit college industry  — which runs what some would refer to as “subprime schools” — is facing more and more scrutiny for its abusive practices that leave students drowning in debt and taxpayers on the hook for paying for worthless degrees. That’s why it’s ramping up its lobbying in Washington, demanding that the federal government continue
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