Republic Report has obtained a list of members of the ALEC Education Task Force as of July 2011, and it includes some of the largest players in the for-profit college industry:
Washington Post Company-owned Kaplan, which is under investigation by at least four state Attorneys General, where 68 percent of college students drop out before graduating (the worst overall dropout rate of the top ten recipients of post-9/11 G.I. bill benefits), and whose previous CEO received a $76 million compensation package when he left.
Bridgepoint Education, which is under investigation by at least six state Attorneys General, and which in 2009 spent more than $2000 per student on recruiting and only $700 per student on instruction. Of every 100 associate degree students who enrolled in Bridgepoint in 2008-09, 84 had dropped out by September 2010.
Corinthian Colleges, which is under investigation by at least six state Attorneys General, where 66.5 percent of associate degree students drop out, and where 36 percent of students default on their loans within three years – the highest default rate of all publicly traded for-profit education companies.
APSCU, the for-profit schools trade association, which hires expensive lobbyists like former Senator Trent Lott to pressure Congress, and works hand-in-hand with the House Republican leadership on bills to prevent bad actors in the industry from being held accountable for waste, fraud, and abuse. APSCU members include DeVry, ITT, ATI, Education Management Corp., Career Education Corp., and Mitt Romney favorite Full Sail University, as well as Kaplan, Bridgepoint, and Corinthian.
These affiliations between for-profit colleges and ALEC raise some serious questions.
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