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Report1212

(661 posts)
Mon Mar 12, 2012, 09:29 AM Mar 2012

Gathering Of Subprime School Officials Blames Students For Student Debt [View all]

In recent years, the for-profit college industry — which runs veritable “subprime schools” which get billions of dollars from Uncle Sam and then deliver low-quality education while loading students up with debt – has come under increasing scrutiny. As a result, it has ramped up its lobbying operations in Washington, D.C.

Earlier this week, I attended a conference hosted by a trade association for these subprime schools, the Association of Private Sector Colleges and Universities (APSCU), where they plotted their legislative strategy. I witnessed how they brought in high-level Democratic and Republican Party consultants to plan out astroturf campaigns and how the industry recruited former Senate Minority Leader Trent Lott to do its bidding by lobbying Congress.

Read more: http://www.republicreport.org/2012/exclusive-gathering-of-subprime-school-officials-blames-students-for-student-debt/

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