For years I have been talking about the fraudulent practices at certain for-profit and publicly traded ‘universities.’ Finally the public is waking up to this naked truth. Last week, Apollo Group, parent company of The University of Phoenix has fessed up that enrollment were down due to the bad publicity. I would like to correct […]
I don’t need to write much – just watch this ABC news undercover video and see confirmation of whatever I have been saying for a couple of years. These guys at Universities of Fraud are worse than vultures. Look at the bold-faced lies by the senior official at the university. [This comes to you via […]
One of my passionate topics, which I often discuss on this blog is the fleecing of students by for-profit higher education institutions. Whenever I see news like this, I feel angry and hurt. I can certainly hope that the likes of University of Phoenix are shut down for good – sooner, rather than later. This […]
I often compared debt ridden students of “for-profit” colleges like U of Phoenix to sub-prime borrowers. I have been writing about this sector on this blog as a big house of cards which could implode any time. Now I have company. A notable short-seller, no less. [Via Mother Jones] Steve Eisman, the outspoken investor whose […]
