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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsMarco Rubio Went to Bat for Corinthian Colleges
Daniel Acker/Bloomberg
Higher Education
Marco Rubio Went to Bat for Corinthian Colleges
Apr 29, 2015 11:33 AM PDT
The Florida senator sent a letter last summer to the Department of Education asking it to "demonstrate leniency" with the now-shuttered for-profit college network.
Last summer, Senator Marco Rubio of Florida asked the U.S. Department of Education to "demonstrate leniency" toward Corinthian Colleges by permitting the wealthy for-profit company to continue accessing millions of dollars in federal financial aid while it was cooperating with a federal investigation.
Ten months later, the company shuttered its remaining 28 campuses, instantly displacing some 16,000 students just days after it was fined $30 million by the Department of Education for a scheme involving "confirmed cases of misrepresentation of job placement rates" for as many as 947 students. The decision to close shop came after years of federal and state investigations into the company.
The top-tier Republican presidential candidate had made his plea in a letterobtained by Bloomberg Politicsdated June 20, 2014 and addressed to Jim Shelton, the deputy secretary of education, and Ted Mitchell, the undersecretary for post-secondary education.
"It has been brought to my attention that the U.S. Department of Education has recently placed extreme financial constraints on Corinthian Colleges, Inc. by restricting the company's timely access to federal financial aid. It is my understanding the the Department of Education has requested extensive documents be provided by Corinthian Colleges for review, and Corinthian has acted in good faith to try to provide these documents as expeditiously as possible," Rubio wrote.
http://www.bloomberg.com/politics/articles/2015-04-29/marco-rubio-goes-to-bat-for-corinthian-colleges
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notadmblnd
(23,720 posts)I do hope what they paid Rubio to do didn't cause them to go bankrupt cause they sure didn't get their moneys worth from him.
malaise
(272,396 posts)Keep vlimbing Rubio - and grab some water
longship
(40,416 posts)One never knows. You know, maybe in a Fifty Shades kind of way.
Possibly too much information.
smokey nj
(43,853 posts)the narrator mentioned "Fine Corinthian leather." Do I remember what the product was? Absolutely not.
longship
(40,416 posts)Khan!!!!
So you are so wrong about my memory...
What were you saying?
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smokey nj
(43,853 posts)I was a kid when these ads ran.
longship
(40,416 posts)okaawhatever
(9,482 posts)what Menendez did for his friend.