March 4, 2016

Wall St Journal Again Posts Anti-Student Op-Ed Without Disclosing For-Profit College Ties

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The Wall Street Journal today published an op-ed arguing against providing broad student loan debt relief for people who were deceived by their colleges. The co-authors of the article, Jorge Klor de Alva and Mark Schneider, contend that such relief will be expensive — potentially more than $1 billion for students of now-shuttered for-profit Corinthian Colleges
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February 12, 2016

A New U. of Phoenix? Or Just New TV Ads?

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On Monday, the University of Phoenix’s owner, Apollo Education Group, announced a $1.1 billion deal to be acquired by a group of investors including Apollo Global Management (no relation) and the Vistria Group, a private equity firm that includes Tony Miller, who was Deputy Secretary of Education under President Obama from 2009-2013. Miller would become Chairman of the Apollo Education
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February 8, 2016

University of Phoenix: New Boss, Same as Old?

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Today, the University of Phoenix’s owner, Apollo Education Group, announced a $1.1 billion deal to be acquired by a consortium of investors including Apollo Global Management (no relation) and the Vistria Group, a private equity firm that includes Tony Miller, who was Deputy Secretary of Education under President Obama from 2009-2013. Miller would become Chairman of the Apollo
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October 29, 2015

McCain Lashes Out At Durbin, Defends Veteran-Abusing For-Profit Colleges

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Senator John McCain (R-AZ), in a speech on the Senate floor yesterday afternoon, charged that fellow Senator Dick Durbin (D-IL) has “orchestrated” a “shameful … vendetta against for-profit universities.” McCain upped the ante by asserting that Durbin has a “well-known record of not supporting the men and women who are serving in the military.” Alleging a larger conspiracy,
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October 22, 2015

McCain, Alexander Press DoD To Back Off Probe of U. of Phoenix, Their Donor

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Republican Senators John McCain (AZ), Jeff Flake (AZ), and Lamar Alexander (TN) wrote today to Secretary of Defense Ashton Carter calling on him to “reconsider” the Department’s decision to put the largest for-profit college, the University of Phoenix, on probation for alleged violations in recruiting U.S. military service members. All three Senators have received significant
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November 12, 2014

Scam: Websites Promising Jobs And Medicaid Are Instead Bait for For-Profit College Telemarketers

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A network of U.S. marketing companies run glossy websites promising jobs, health benefits, food stamps, and heating assistance, sites with names like localemploymentnetwork.org or medicaidinsurancebenefits.com. But according to former employees of a company connected to these operations, the real purpose of these sites is a classic bait-and-switch: to get low-income people, single mothers, veterans, and unemployed older people on the
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September 17, 2014

VIDEO: With Senator Warren Watching, Suze Orman Denies, Admits, Rationalizes Teaching at University of Phoenix

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At an event in Washington DC this morning, speaking alongside Senator Elizabeth Warren (D-MA), financial guru Suze Orman at first seemed to deny what is a documented fact: that she teaches a personal finance course at the nation’s biggest for-profit college, the University of Phoenix.  Then Orman admitted it, but offered a wholly unconvincing explanation.
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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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