Thread regarding Corinthian Colleges Inc. layoffs

Blame Obama administration and lobbying for the failure of CCI

To be clear, lobbying is not the culprit behind runaway college costs. The millions spent on Washington influence don't even constitute pennies on the dollar for most of these institutions, many of whom boast budgets of more than $5 billion per year. But the lobbying largesse of the traditional sector -- and the media's disinterest in it -- raises fundamental questions about the responsible stewardship of public higher education investments. In these tight fiscal times, aren't there more productive ways to spend scarce resources? Perhaps these public systems, many of whom are curtailing course offerings and turning away students, should invest that money in raising the graduation rates of low-income students or providing the less fortunate with access to a world-class education. For the $1.02 million that SUNY spent on lobbying in 2011, Stony Brook could have enrolled 194 New Yorkers tuition-free.

With all eyes on for-profits, we lose sight of the fact that the weaknesses in our higher education system are not unique to a particular tax status. The for-profits didn't invent higher education lobbying. They simply learned from the best: America's beloved public and nonprofit universities.

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Post ID: @OP+wfJWEUy

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So your argument is basically "Not all for-profits are bad and not all publics are good." That's all fine and dandy - I agree that there should be a level playing field (even it is has been the proprietaries that have behaved the worst). What you are refusing to address (and why most people reading your post think you're in corporate mgmt.) is the fact that CCi has behaved very, very badly. We're all aware of the admissions and placement issues, and the company not even being able to prevent documentation when it was requested. I also know first hand that other departments behaved dishonestly. I know of grades changed and fake attendance in academics, pressure to get aid in when the student didn't qualify, etc. The company is rotten at the top, composed of greedy and unethical individuals with no concern for their students or staff. If mgmt. ends up suffering for this it won't be unfair politics, it will be well-deserved comeuppance. The staff and students don't deserve to suffer because of those clowns.

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Post ID: @WUY+wfJWEUy

John M/NoBama/Dave, changing your name every time you post won't convince us that you're different people.

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Post ID: @fTI+wfJWEUy

Only one more week to go.

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Post ID: @PsW+wfJWEUy

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