Thread regarding 2U Inc. layoffs

Defense to Repayment (aka Borrower Defense)

For anyone who feels guilty about enrolling people into programs they could not afford, there is a group of folks who are appealing to the US Department of Education for debt relief. While the first in line will be for-profit colleges, 2U students may be eligible if they can prove that they were deceived.

https://www.facebook.com/groups/801761750635952/about/

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| 1389 views | | 9 replies (last )
Post ID: @OP+1iuyNymN

9 replies (most recent on top)

@4fgo+1iuyNymN, I have personally communicated with people who were deceived by 2U. It reminded me of consumers who were deceived by enrollment people at Corinthian Colleges and ITT Tech, just with a higher-level group of expensive degrees.

Frankly, there are other worse actors in the higher ed business than 2U, like Colbeck Capital, EducationDynamics, Guild Education, and Academic Partnerships. None of them get the same bad press that they deserve.

https://www.highereducationinquirer.org/2021/12/the-colbeck-scandal.html

https://www.highereducationinquirer.org/2021/03/hei-investigation-educationdynamics.html

https://www.highereducationinquirer.org/2021/04/guild-education.html

https://www.highereducationinquirer.org/2022/06/hei-investigation-academic-partnerships.html

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Post ID: @4hlu+1iuyNymN

LOL Dahn…I had read some of your earlier posts and thought “you know what, maybe this guy has some good insights”. Recently however they have just been anti 2U sentiments.

Who hurt you at 2U? Why so much hate?

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Post ID: @4fgo+1iuyNymN

So what I'm getting is that no one who still works at 2U is empathetic about the tens of thousands of consumers who were sold a bill of goods. Maybe those good folks left awhile ago, with JK--or later--but they don't seem to be in large numbers now.

And that's how Chip's house of cards was built. It's the same mindset that took down Enron.

As for accreditation, that means very little, even regional accreditation.
https://www.highereducationinquirer.org/2018/09/higher-learning-commission.html

Did anyone here bother to question if consumers were really getting a decent Return on Investment? Did you ever wonder what the outcomes were, not anecdotes, but the ROI for people buying into these online degree programs?

https://www.nber.org/books-and-chapters/education-skills-and-technical-change-implications-future-us-gdp-growth/online-postsecondary-education-and-labor-productivity

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Post ID: @3tsm+1iuyNymN

Your attempt to shame people who are already in a difficult spot is just gross.

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Post ID: @tpm+1iuyNymN

And using a partner agreed upon phone number and email address when representing a partner by sharing information about a fully accredited program for which the university makes ALL admissions decisions is not the ridiculous “deception” you make it out to be. Could 2u be more transparent that they are partnering with a university - sure. Does the fact that 2u employees are sharing information about a program make that program any different at all than it would be if someone located on campus was making the call? No. Is 2u held to the same standards as schools when incentivizing admissions? Yes! Anyone who works in admissions does not qualified for bonuses based on company performance nor can they be promoted or paid more based on the number of students they support in starting the program.

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Post ID: @txi+1iuyNymN

This is straight trolling- again. 2u degree programs are all fully accredited and curriculum is from school faculty. Debt relief is for students who are duped into an unaccredited school that thus devalues their degree (ie for profit undergrad that is not regionally accredited) and makes it so their credits can’t transfer to regionally accredited universities. Quit comparing a Georgetown Nursing degree to an undergrad program in criminal Justice at Corinthian or Phoenix.

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Post ID: @jgp+1iuyNymN

2U was running a bad business for years. It was using deceptive means such as spoofing, and selling $100K USC-MSWs to people who could not afford them. Workers knew and were involved--many more were complicit. It was a ticking time bo-b--as Corinthian Colleges and ITT Tech were years earlier in the College Meltdown--just at a higher level. If something had been done years ago to make these corrections, things might be different. For people with a conscience, there is a price to pay and things to atone for. Some courageous folks have already done that by reaching out to WSJ and WAPO. Others can help by letting former students know about Defense to Repayment.

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Post ID: @mxz+1iuyNymN

What does this have to do with 2U layoffs?

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Post ID: @psn+1iuyNymN

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