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busterbrown

(8,515 posts)
Tue Sep 6, 2016, 11:39 AM Sep 2016

For Profit College Chain with 40,000 Students...

to shut down..leaving 8000 unemployed..and students stuck with huge loans and few jobs are in dire straights,, What the Fed to do? Forgive these millions in loans by sticking the tax payers or telling these 40,000 students,,,that they are responsible .

This is what exactly happens when Govt. is run by those (mostly repubs) who believe they never met a regulation which they did not hate..

There were all sorts of warnings concerning their tactics, but its too late now..

I personally knew of a student who got some sort of nursing accreditation, who's educational experience never had her inside a legitimate Drs office or hospital.

https://thinkprogress.org/embattled-for-profit-college-chain-with-40-000-students-is-shutting-down-71611cd6ade1#.a85faj1sp

8 replies = new reply since forum marked as read
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For Profit College Chain with 40,000 Students... (Original Post) busterbrown Sep 2016 OP
Bill Clinton made $18 million from a for-profit college. former9thward Sep 2016 #1
That's a rather accurate example of the hobgoblin of minds... LanternWaste Sep 2016 #2
Why is this allowed to stand? Fix The Stupid Sep 2016 #3
So an article from the Washington Post should be censored? former9thward Sep 2016 #4
Does it show the Dem. candidate in a negative light? Fix The Stupid Sep 2016 #5
Does it say Hillary? busterbrown Sep 2016 #6
Is it the truth? Ron Obvious Sep 2016 #7
From the Indianapolis Star -students with loans for ITT costs might be able to have loans eliminated karynnj Sep 2016 #8

former9thward

(32,046 posts)
1. Bill Clinton made $18 million from a for-profit college.
Tue Sep 6, 2016, 11:48 AM
Sep 2016
Inside Bill Clinton’s nearly $18 million job as ‘honorary chancellor’ of a for-profit college



The guest list for a private State Department dinner on higher- education policy was taking shape when Secretary of State Hillary Clinton offered a suggestion.

In addition to recommending invitations for leaders from a community college and a church-funded institution, Clinton wanted a representative from a for-profit college company called Laureate International Universities, which, she explained in an email to her chief of staff that was released last year, was “the fastest growing college network in the world.”

There was another reason Clinton favored setting a seat aside for Laureate at the August 2009 event: The company was started by a businessman, Doug Becker, “who Bill likes a lot,” the secretary wrote, referring to her husband, the former president.

Nine months later, Laureate signed Bill Clinton to a lucrative deal as a consultant and “honorary chancellor,” paying him $17.6 million over five years until the contract ended in 2015 as Hillary Clinton launched her campaign for president.


https://www.washingtonpost.com/politics/inside-bill-clintons-nearly-18-million-job-as-honorary-chancellor-of-a-for-profit-college/2016/09/05/8496db42-655b-11e6-be4e-23fc4d4d12b4_story.html?wpisrc=nl_headlines&wpmm=1
 

LanternWaste

(37,748 posts)
2. That's a rather accurate example of the hobgoblin of minds...
Tue Sep 6, 2016, 11:56 AM
Sep 2016

That's a rather accurate example of the hobgoblin of minds...

Fix The Stupid

(948 posts)
3. Why is this allowed to stand?
Tue Sep 6, 2016, 11:59 AM
Sep 2016

Negatively paints the Democratic candidate with guilt by association.

We are not supposed to see this.

Can it be scrubbed?

Thanks

Fix The Stupid

(948 posts)
5. Does it show the Dem. candidate in a negative light?
Tue Sep 6, 2016, 12:02 PM
Sep 2016

yes,

therefore we should not be seeing this...

I thought those were the rules.

karynnj

(59,504 posts)
8. From the Indianapolis Star -students with loans for ITT costs might be able to have loans eliminated
Tue Sep 6, 2016, 01:07 PM
Sep 2016
http://www.indystar.com/story/money/2016/08/26/itt-techs-collapse-could-help-former-students-wipe-out-their-loans/89419812/

This because the case against ITT is one of fraud.

This article was a surprise to me, but it is from a legitimate - though right leaning - paper.

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