Virtual charter schools, despite their lousy results, are expanding in Pennsylvania.
Nobody gives a damn about the kids. This is about ripping off the taxpayers for profit.
And it is no surprise at all for-profit schools own every lobbyist in D.C.:
Since these bad practices have now been widely exposed, why are even the worst actors in the for-profit college industry still sharing in the $32 billion in federal financial aid that goes to this sector every year? One word: Lobbying.
“It’s reached a point now when you get little or nothing done when you take on the for-profit schools in Congress,” Senator Dick Durbin (D-IL) said at a Washington press conference [on Friday] announcing the settlement. ”Why? They own every lobbyist in town.”
Durbin added, “What the for-profit schools are doing to students and their families across America is shameful. What they’re doing to veterans is disgraceful.”
Durbin was joined at the event by Senators Tom Harkin (D-IA), Kay Hagan (D-NC), and Richard Blumenthal (D-CT), Deputy Secretary of Veterans Affairs Scott Gould, and Holly Petraeus of the Consumer Financial Protection Bureau, as well as Attorneys General Amy Madigan (IL), Beau Biden (DE), and Jack Conway (KY), who is leading a joint investigation of the for-profit college industry by a bipartisan group of 30 state AGs.
Ten cents says this "investigation" will come to nothing.
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