CUNY biz school fixed Wall Streeters' GPAs to keep receiving tuition

[malaise]

http://www.nypost.com/p/news/local/is_on_at_cuny_fvNDXnweTy7guoYG9K8hQP
<snip>
While teaching how corporations cook their books, a CUNY business school was fixing grades.

An administrator at Baruch College’s prestigious Zicklin School of Business forged professors’ names to raise the grade point averages of students seeking master’s degrees to become dealmakers and corporate leaders, The Post has learned.

The trickery prevented enrollees, including many mid-level Wall Streeters whose firms picked up their tabs, from flunking out — and kept their fat tuition checks flowing in.

The accelerated “executive programs” in business and finance allow students to earn a master’s degree in 10 to 22 months while working full-time.

The tuition: $45,000 to $75,000.

“It was done for money,” an insider said of the scam. “They get a lot more money from those students. They don’t want to lose these people, so they changed their grades.”

Baruch has referred the matter to law-enforcement agencies, the college said in a statement. Spokeswoman Christina Latouf would not say if students knew their grades were being changed or were complicit in the scheme.
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I give up!!!

[mbperrin]

1. Rat bastards learn their ways from other rat bastards.

"Business" people are really scum, far as I can tell...

[siligut]

2. Nothing new, just more blatant

And I am guessing more pervasive.

[librechik]

3. is the fine for the infraction less than the profit?

if so, they will continue to do this and teach others to do the same.

[Egalitarian Thug]

4. Profit is not a proper motivation for education and this is what you're going to get

when it is. This is just another example of why.

Grade inflation/falsification is epidemic throughout our post secondary system, and absolute SOP in the so-called private corporate schools. The quickest way fro a professor to be shown the door at these diploma mills is to flunk too many students. It takes a lot of school loans to pay million dollar salaries and get your name on sports venues.

[Teamster Jeff]

5. Wall Street is a cesspool

[mrmpa]

6. Students had to know their grades were being changed. Oh wait a minute..........

they're from Wall Street, they're too big to fail.

[Historic NY]

7. Its doesn't make any sense w/o a quid-pro-quo....

this is not a for profit university....

I'll wait for the trial. I got my masters from CUNY and I worked full time.

[malaise]

8. This may be a Business school problem for those Executibe degrees

rather than a systemic university problem. Still, it stinks.

[malaise]

11. Yes this does look strange

We'll see

[xchrom]

9. Du rec. Nt

[EFerrari]

10. Well, Business Schools are not known for their ethics.

Iirc, the London School of Economics carried one of Qaddafi's kids through grad school and even wrote a dissertation for him.

LSE head quits over Gaddafi scandal
http://www.guardian.co.uk/education/2011/mar/03/lse-director-resigns-gaddafi-scandal

[malaise]

12. But is there a distinction between corrupt regimes and corrupt

corporations that buy out universities all the time?

[EFerrari]

13. That's a good question. I had to laugh the other day

when in a discussion about that lady who got arrested for cheering her daughter at graduation.

This guy whose bio said "Phoenix University" was lecturing the lady on logical consequence.

I asked him how someone who peddles predatory loans to teenagers had the high ground to lecture anyone about consequences.