Kerry, a 1992 candidate for president who earned the Congressional Medal of Honor for his brave acts as a Navy Seal in Vietnam, has chosen to back an industry that has many big players who are systematically abusing students, notably our veterans and active duty service members.
Instead of trying again to put lipstick on their diseased pig, wise players in the sector should start figuring out how to change their business model and make money by actually helping students to train, at affordable prices, for genuine careers.
If for-profit college executives want to make their institutions truly "indispensable," they should shift their priorities from deceptive advertising, Washington lobbying, and media spinning, and start truly focusing on preparing students for careers.
The industry he represents is seeking once again to block the Obama Administration from issuing a "gainful employment" rule that would, eventually, cut off federal student aid to career training schools that consistently leave their students with overwhelming debt.
Harris School of Business has been receiving about $100 million a year in our taxpayer money, despite claims of fraud and abuse in this whistleblower action and other lawsuits against the school.
Having studied this industry closely for several years, I believe that many of the big for-profit college companies, as presently structured, should not get federal student aid. In far too many cases, these companies hurt students, and they divert taxpayer money from higher quality education programs.
Thank you for firing me from one of your campuses yesterday. That statement may sound like a sarcastic jab from a disgruntled ex-employee, but it is a sincere declaration of gratitude. I know I'm going to be better off in the long run. Not that you really give a damn.
Last August, a Minnesota jury awarded Heidi Weber, a former dean at for-profit Globe University, $395,000 in damages against the school. Weber alleged that she was fired for complaining that Globe used false job placement statistics and engaged in other misconduct to recruit students.
Republic Report has obtained an email sent last week from EDMC management to staff urging them to become lobbyists for the cause by sending messages to the Obama administration and Congress.
A year ago, if you were Jack Massimino, CEO of Corinthian Colleges, you might've been feeling pretty good. Things may look very different now. Although the company tried to put a happy face on it in reporting to investors, student enrollments are down, revenue is down, the stock price has declined, and the company is laying off staff.
Developments are happening at lightening speed on for-profit college issues.
Predatory for-profit schools have been targeting veterans' benefits through aggressive and deceptive marketing campaigns since the Post-9/11 GI Bill was passed. In the past, it's been hard to identify the good actors from the bad without some sort of system to capture complaints.
Federal agencies have this morning launched a new online complaint system where veterans, service members, and their families can report on problems w...
This is not just about students getting an education from DeVry; it appears to also be about them being paid endorsers for the school.
The predatory for-profit colleges still have plenty of fight in them, and plenty of cash to hire lawyers to try to gut these investigations. But at last there is hope that another generation of students won't be deceived, abused, and abandoned, by the bad actors in the for-profit college industry.
One deplorable practice that epitomizes the triumph of greed over the greater good is the exploitation of our returning Iraq and Afghanistan veterans by predatory players in the for-profit "education" industry.