Betsy DeVos Protects Predatory Colleges

Betsy DeVos Protects Predatory Colleges

August 27, 2019 100 By Stanley Isaacs


DURING THE OBAMA ADMINISTRATION, THERE WERE
SOME IMPORTANT REGULATIONS PUT IN PLACE PERTAINING TO
FOR-PROFIT COLLEGES. THESE ARE DIFFERENT FROM PUBLIC COLLEGES
OR PRIVATE COLLEGES. FOR-PROFIT COLLEGES ARE RUN MUCH LIKE
CORPORATIONS THAT THEY HAVE INVESTORS AND THEY WANT TO MAKE
AS MUCH MONEY AS POSSIBLE IN THE MONEY THAT THEY MAKE USUALLY
MAKES INDIVIDUALS WHO WERE INVOLVED IN THE BUSINESS WEALTHY
AS OPPOSED TO GOING BACK INTO COFFERS FOR THE SCHOOL. JUST
YOU KNOW WHAT FOR-PROFIT COLLEGES ARE. THERE WERE A LOT
OF CONTROVERSIAL ISSUES OVER THE YEAR REGARDING HOW THESE
FOR-PROFIT COLLEGES WERE INTENTIONALLY DECEPTIVE TOWARD
STUDENTS THAT THEY WERE ATTEMPTING TO RECRUIT. THEY
WOULD SHOW THEM JOB PLACEMENT STATISTICS THAT WERE MISLEADING
DOTS GIVE YOU AN EXAMPLE, IF SOMEONE WAS GOING TO ONE OF THE
SCHOOLS TO STUDY HOW TO BE A CHEF, THEY WOULD SHOW JOB
PLACEMENT RATES AT 85%. IN REALITY, THOSE STATISTICS
INCLUDED INDIVIDUALS WHO ARE WORKING FASTER COMPANIES
LITERALLY FLIPPING BURGERS AND SO COURSE THAT IS DECEPTIVE
ESPECIALLY WHEN THEY CONVINCE A LOT OF STUDENTS TO TAKE OUT VERY
LARGE FEDERAL LOANS. A LOT OF THESE SCHOOLS RELIED ON FEDERAL
LOANS IN ORDER TO MAKE UP THE REVENUE AND FOR SOME
SCHOOLS, IT WAS AS MUCH IS 95% OF THEIR REVENUE. TAXPAYERS WERE BEING HURT BY
THIS BECAUSE WHERE YOU THINK THAT REVENUE COMES FROM? AND ALSO STUDENTS WERE BEING
HURT BY THIS BECAUSE THEY WERE DIGGING THEMSELVES INTO GIGANTIC
HOLES FOR A PROGRAM THAT WOULDN’T ACTUALLY PLACE THEM IN
A JOB THAT WOULD GIVE THEM A DECENT EARNING POTENTIAL. WITH
THAT SAID, OBAMA FINALLY DID SOMETHING ABOUT IT. THERE WAS
SOMETHING CALLED GAINFUL EMPLOYMENT WHICH ENSURED THAT IF
A SCHOOL IS TO RECEIVE ANY TYPE OF FEDERAL FUNDING, THEY HAVE TO
HAVE A CERTAIN RATIO AMONG THE NUMBER OF STUDENTS ENROLLING AND
THE NUMBER OF STUDENTS WHO ACTUALLY GET PLACED IN GAINFUL
EMPLOYMENT THEY GRADUATE. THE SECOND PART OF IT WAS A
DEBT FORGIVENESS PROGRAM FOR THOSE WHO WERE MISLED BY THESE
RECRUITERS, THOSE WHO WERE THE VICTIMS OF THIS
FRAUDULENT BEHAVIOR. FAST-FORWARD TO THE TRUMP
ADMINISTRATION. WHAT COULD GO WRONG? THE EDUCATION DEPARTMENT HAS
DECIDED TO PUT A HOLD ON THESE RULES. THE PRIVATE OFFICIALS
WILL BLOCK A RULE THAT CLARIFIES HOW STUDENT BORROWERS CAN HAVE
THEIR LOANS FORGIVEN IF THEY WERE DEFRAUDED OR MISLED BY THE
COLLEGE. THE ADMINISTRATION WILL ISSUE A STAY OF BORROWER
DEFENSE UNDER SECTION 705 OF THE ADMINISTRATIVE PROCEDURE ACT
WHICH AN EDUCATED SHIN OFFICIAL SAID ALLOWS FEDERAL AGENCIES TO
HALT THE EFFECTIVE DATE OF A RULE PENDING JUDICIAL REVIEW. THE LOAN FORGIVENESS COMPONENT OF ALL THIS WAS SUPPOSED TO GO
INTO EFFECT JULY 1. BETSY DEMOSS COMES IN, SHE HAS BEEN
VERY SYMPATHETIC TO FOR-PROFIT COLLEGES, WAS NOT IN FAVOR OF
REGULATING THEM WHATSOEVER. SHE WAS ACTUALLY VERY TRANSPARENT
ABOUT THAT. SHE COMES IN AND SAYS NO. WE’RE NOT DOING THIS. SOME REAL QUICK, LET’S HEAR FROM HER. SHE SAYS IT IS THE
DEPARTMENTS AIM IN THIS ADMINISTRATION’S COMMITMENT TO
PROTECT STUDENTS FROM PREDATORY PRACTICES WHILE ALSO PROVIDING
CLEAR FAIR AND BALANCED RULES FOR COLLEGES AND UNIVERSITIES TO
FOLLOW THAT WITH KEEP IT REAL, THIS IS REALLY ABOUT PROTECTING
FOR-PROFIT COLLEGES AND ENSURING THAT YOUR BUDDIES CONTINUE
MAKING AS MUCH MONEY AS POSSIBLE WITH TAXPAYER-FUNDED LOANS THAT
ARE GIVEN TO THE STUDENTS AND BY THE WAY, THESE LOANS ARE GOING
TO BE FORGIVEN. SHE CLAIMS THAT THEY WILL BE IF THEY QUALIFY BUT
IT SEEMS LIKE SHE IS NOT VERY SYMPATHETIC TOWARDS THE
STUDENTS THAT. IS NOT LIKE WE HAVE A
PRESIDENT WHO HAS ANY INTEREST OR HISTORY IN TAKING PART IN
FOR-PROFIT COLLEGES OR ANY KIND OF INSTITUTION OF HIGHER
LEARNING WHERE HE MADE MONEY OFF PEOPLE OR DEFRAUD
THEM. THAT DIDN’T HAPPEN DID IT? HE EXPLOITED PEOPLE WHO WERE
SPECIFICALLY LOOKING TO BETTER THE LIVES, WHO WERE LOOKING FOR
BETTER OPPORTUNITIES. TRUMP UNIVERSITY IS THE ENEMY OF WHAT
FOR-PROFIT COLLEGES ARE. THEY ARE DESPICABLE WHICH IS WHY
CORINTHIAN COLLEGES WENT DOWN THE DRAIN RECENTLY IN 2015
BECAUSE THEY WERE DEFRAUDING STUDENTS THAT THEY WERE SCREWING
THEM OVER AND STUDENTS WERE ABLE TO PAY BACK THEIR LOANS BECAUSE
THEY COULDN’T FIND GAINFUL AND PLAY MEANT THAT THEY WERE TOLD,
THEY WERE PROMISED THE MOON AND THE STARS IN THESE RECRUITING
TECHNIQUES, I DON’T KNOW BECAUSE WHAT’S DAYTIME TELEVISION BUT
THEY ARE CLEVER. THEY GO AFTER VERY SPECIFIC SHOWS IN A VERY
SPECIFIC DEMOGRAPHIC BECAUSE THEY KNOW THAT THESE PEOPLE ARE
DESPERATE AND WANT TO BETTER THEIR LIVES SO THEY WILL
PROMISE THE MOON AND THE STARS. DON’T TAKE THE COASTLINES IT’LL
BE GREAT. MANY OF THE PEOPLE THEY ARE
TARGETING MAYBE HAVE HAD SETBACKS, AND THERE LIKE I AM
BEHIND. I’M 22 YEARS OLD ALREADY. BY THE WAY THAT STILL
YOUNG, BUT THE TARGETED PEOPLE THINK I HAVE TO CATCH UP AND
IT’S THE QUICK AND EASY WAY. THE QUICK AND EASY WAY
ESPECIALLY WITH EDUCATION MOST OF TIMES IS IN BUT THEY ARE
TAKING ADVANTAGE. WITH THE WEDDING I WAS PUT IN THERE,
THEY’RE GOING TO MAKES IT MORE FAIR AND BALANCED, THE THING
THAT NO ONE LIKES TO TALK ABOUT POLITICS IS SURE, WHEN IT CAME
TO HEALTHCARE, THERE WERE THINGS WITH IT THAT DIDN’T WORK. IT
WASN’T GOING TO DEVELOP THE RIGHT WAY BECAUSE AGAPE TOO MUCH
POWER TO PEOPLE IN STATES THAT WANTED TO TANK IT. SURE, THIS
THINGS IN THE WAY THIS THAT YOU CLEAN IT UP, BUT THE REALITY IS
THE OFFICIALS SHE IS GOING TO APPOINT ARE GOING TO BE FAIR TO
TAKE WHATEVER APPROACH THEY WANT THAT WILL BE BEHIND CLOSED DOORS
BECAUSE EVERY PEOPLE AT HOW MANY PEOPLE EVERY DAY ARE GOING
TO REPORT ABOUT WHAT THESE RANDOM NAMELESS DEPARTMENT HEADS
ARE DOING TO CREATE POLICY THE WAY THEY WANTED THAT NOBODY
WILL AND WE WILL LOOK UP AND GO HOW DID WE GET THAT
HORRIBLE PIECE OF LEGISLATION THAT THEY SAID WAS
GOING TO MAKE SO MUCH BETTER? READING THROUGH THIS ARTICLE
I COULDN’T BELIEVE HOW ON THE NOSE IT WAS FOR THE TRUMP
ADMINISTRATION. I THOUGHT IT WOULD BE A LITTLE MORE NUANCED
AND MYSTERIOUS DUCK. THAT’S NOT REALLY THE RIGHT
WORD TO DESCRIBE ANYTHING HAPPENING IN THE TRUMP
ADMINISTRATION. I WAS READING IT AND I WAS
LIKE THEY MUST BE TRYING TO AVAIL THIS AND SOMETHING ELSE. THERE’S NO WAY THEY ARE JUST
GOING TO ANNOUNCE THAT THEY’RE CUTTING AND THEY’RE NOT
GOING TRY TO WORK THROUGH IT. SO MUCH OF THIS IS GOING TO BE
HAVE GOING ON BEHIND CLOSED DOORS WITH PEOPLE BETSY
DEVOS DOES HERSELF. P WE HAD A BUSINESSMAN FOR
PRESIDENT. A MAN WHO DEFRAUDED STUDENTS. AND NOW HE IS DOING EXACTLY
THAT WITH THE PEOPLE HE PUT IN PLACE FOR OUR COUNTRY. I FEEL LIKE THAT IS SO OBVIOUS
THAT IT IS SUCH AN OBVIOUS THING TO. IT’LL HAVE TO ANYMORE BECAUSE
AFTER THE CAMPAIGN AND THE WAY HE OPENLY SAID THINGS THAT HE
WAS HOPING HE COULD DO LOSSES TO GIGABYTES WITH LIFE AND IT
DIDN’T WORK THEY WERE LIKE THEY WILL OFFER ANYTHING THAT
WOULD HAVE TO ANYMORE, LET’S SAY WHAT WERE GOING TO DO
AND THEY’RE GOING TO GO GAY. THIS AFFECTS EVERYONE
REGARDLESS OF WHETHER OR NOT YOU HAVE STUDENT LOAN DEBT BECAUSE
IF YOU GENUINELY CARE ABOUT THE ECONOMY AND HOW IT WORKS, YOU
NEED PEOPLE TO SPEND MONEY. YOU NEED PEOPLE TO STIMULATE THE
ECONOMY AND RIGHT NOW THERE’S A HUGE PROBLEM WITH $1.3 TRILLION
IN STUDENT LOAN DEBT AND WHEN WE ARE STRAPPED WITH THAT, IT IS
REALLY DIFFICULT TO GO OUT THERE AND BUY A CAR OR A HOME OR GET
YOUR LIFE STARTED AND ACTUALLY STIMULATE THE SO-CALLED ECONOMY
THAT WE HAVE. EVERYONE GETS AFFECTED BUT MORE IMPORTANTLY,
YOUNGER GENERATIONS BECAUSE OF THE FACT THAT TUITION HAS SHUT
UP SO MUCH OVER THE LAST 10 YEARS, YOUNGER GENERATIONS ARE
HEARD THE MOST PERSONALLY. YOUNGER GENERATIONS DIDN’T VOTE
FOR TRUMP SO IF YOU ARE CONCERNED ABOUT THIS BEING
SOMETHING THAT SERVES AS A POLITICAL RAMIFICATION
WHEN AUNT ON THE LINE. IT IS NOT BECAUSE THESE ARE
PEOPLE WHO TYPICALLY WOULDN’T VOTE FOR TRUMP ANYWAY. I DON’T THINK THEY’RE GOING TO
LOOK AT THE THOUGHT. I COULD BE WHITES EASILY
OVERLOOKED. REMEMBER WE WENT ON HIS, AS SOON AS HE WON THE
ELECTION HE TALKED ABOUT HOW HE HELPS HIS FRIEND. LITERALLY, HE SAID THAT IN THE OPEN. AS I CAN’T BELIEVE THAT THEY
MUST’VE AT LEAST HAD SOME SORT OF A CODE LANGUAGE. ITíS
NOT EVEN CODED. ITíS COMPLETELY TRANSPARENT. WHAT IS HAPPENING. TOTALLY. I FEEL LIKE EVERY
TIME THEY ARE ON CAMERA IT IS LIKE, JUST COME TO MY ONE-SHOT,
ITíS ALMOST AS IF THEY ARE LIKE, WE ARE GOING TO FUCK YOU. WE’RE GOING TO FUCK YOU REAL GOOD AND YOU ARE GOING TO LIKE IT. PEOPLE ARE LIKE YEAH, VOTE THAT WE’RE GOING TO VOTE FOR
HIM. WE ARE GOING TO HAVE OVER HIM. MAGA MAGA MAGA.