For Profit Colleges, what makes them an easy target?

[dead0man]

Obama recently had ITT shut down as I'm sure most of us know.  Most of us probably don't have a problem with it because ITT kind of sucks, lies about sh**t and generally exist to siphon money from the Feds (ie, our tax dollars) via the poor people they are lying to.  But they weren't convicted of anything, they weren't even accused of anything.  They were just murdered by the Feds, leaving a mass of people in the lurch.  And don't most public and non-profit colleges do the exact same thing?  Kind of suck, lies about sh**t and generally exist only to siphon money from the Feds?  They complain about graduation rates and job placement at for profits, but graduation rates and job placement suck at "regular" schools too.

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Also interesting is that Bill Clinton made $17.6 million from a for profit school between 2010 and 2015.  Coincidentally, right before he took the gig the State Department invited the school's founder to a private dinner at the urging of the department's then-Secretary Hillary Clinton, she bragged that the school was "the fastest-growing college network in the world.".  On the other hand, that was just a small percentage of the money Bill made ($65.4M) while Hillary was head of the State Department.

Meanwhile, Obama's friend Marty Nesbitt and former Deputy Education Secretary Tony Miller are trying to buy University of Phoenix.  You should probably ignore the fact that Tony Miller spent a lot of time making sure UofP stock value went in the toilet (from almost $86/share when Obama took office, to $8/share now) when he was in charge of Education for the Feds.  Weird huh?

So for profit schools are....bad, but only when Obama or a Clinton isn't involved?  Or something else?  I could be missing something that makes this not look as bad as I just made it sound, can I get a little help from our Dem friends here?

Difficulty Level-no whataboutism

[dead0man]

I love the obvious, vital fact you left out that literally is the reason why they were shut down.  That "money" (debt) they "siphoned" off from "the government" (rather than the students' futures).. is legally OWED BY THE STUDENTS PLUS INTEREST.

DOn't be a dimwit.  ITT was f**king over poors left and right and not getting results.

But what should I have expected from you?  Lay off the cheap sucrose.. it's pickling your logic.

Salty! (and pickles!, I love salt and pickles.)

I'm pretty sure I said ITT sucks and was screwing over poor people, if you agree with somebody it helps to not be a douche.  And the tax payer is on the hook for any student of ITTs whose credits won't transfer to their next school...which should be all of them.

Do you care to touch on any of the actual meat of the OP, or are we just playing the role of Tony today?

[dead0man]

So yeah, nothing then?  It is as bad as it sounds.....

Thanks to Nathan and Averroës for your contributions.