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fleur-de-lisa

(14,628 posts)
Thu Mar 3, 2016, 05:19 PM Mar 2016

Romney and Rubio Attack Trump University, But Both Are Tied to Predatory Colleges

http://www.huffingtonpost.com/davidhalperin/romney--rubio-attack-trum_b_9373710.html

Mitt Romney will charge in a speech today, according to excerpts released in advance, that Donald Trump's "promises are as worthless as a degree from Trump University." Romney's attack follows Marco Rubio's recent hits on Trump's unlicensed for-profit business "school"; at the last GOP debate, Rubio charged, "There are people that borrowed $36,000 to go to Trump University, and they're suing him now. And you know what they got? They got to take a picture with a cardboard cutout of Donald Trump."

But it is a testament to the long-standing political influence of the for-profit college industry that both Rubio and Romney in fact have their own extensive ties to predatory for-profit schools. In fact, Romney has been an investor in some of the companies that own these schools.

snip

But in going to bat for Corinthian, Rubio appeared to see not a greedy company but a generous one. Between 2010 and 2015, Rubio's political operations received $27,600 in contributions from Corinthian. Now Corinthian is dead. But Rubio, whose home state of Florida has long been a center for for-profit college abuses and political power, seems to have been undeterred: In a speech last summer, he pledged to "bust" the higher education "cartel" -- "by establishing a new accreditation process that welcomes low-cost, innovative providers." Observers suggested, with good cause, that "low-cost, innovative providers" "could be a euphemism for for-profit colleges.

snip

As the 2012 GOP nomination contest neared the critical Iowa caucuses, Romney was asked by the Ames Tribune's editorial board what he planned to do about higher education. Romney's response was crystal-clear: He liked for-profit colleges, including the University of Phoenix, and especially a Florida school called Full Sail University, which, he said, knew how to "hold down the cost of their education." In fact, Full Sail only knew how to hold down the cost of education for its owners; for students, it was the third most expensive college in America.

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Romney and Rubio Attack Trump University, But Both Are Tied to Predatory Colleges (Original Post) fleur-de-lisa Mar 2016 OP
It's delish malaise Mar 2016 #1
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