Discover and read the best of Twitter Threads about #4profit

Most recents (9)

The federal student aid program is intended to open the door to higher education & economic mobility for students otherwise unable to afford the cost, but for too long predatory schools have exploited the program and left students worse off. 1/6…
Advocates for higher education accountability, students, military servicemembers & #veterans, low-income consumers, educators, and college administrators urge @SecCardona to address the borrower defense crisis he inherited @usedgov. 2/6 #CancelStudentDebt…
Predatory schools utilize psychological manipulation, false promises, & misrepresentations to enroll unsuspecting students, often targeting Black, Latinx, first-generation & low-income college students hoping to break out of poverty. 3/6 #ProtectBorrrowers…
Read 6 tweets
We’re following up on Josue Perez, a former Latinx student scammed by a #4profit college, and his federal student loan debt.…
.@EdDebtJustice fought to have his student loan canceled and this summer a judge ordered @usedgov to cancel his student loans along with 7,200 former Corinthian students in Mass.…
This is the first time a judge has ordered a #borrowerdefense discharge of federal student loans, it would have a significant positive impact on borrowers like Josue who can be rid of this bogus debt and move on with their lives.
Read 4 tweets
We are clipping videos from today's hearing on the $1.5 Trillion #StudentDebtCrisis. Find them in this thread, starting with this unexpected question about @CongBillPosey's view on @TaylorSwift13.
@congbillposey @taylorswift13 .@RepPerlmutter asks Seth Frotman, formerly of the @CFPB and now at @theSBPC, about the impact of student debt on housing, borrowers of color, wealth building. #HassleForATassle
@congbillposey @taylorswift13 @RepPerlmutter @CFPB @theSBPC "@Navient is like the Comcast of student loan servicing"

--@hasanminhaj to @RepPerlmutter on the abuses of student loan servicers.
Read 22 tweets
1/ A few years ago I wrote a book about technology and the future of higher education. I had hopes tech would make learning better, more accessible, and more affordable.

Today I published a long article about what happened next. It's not a happy story.…
2/ The book was partly right. Almost every college in America teaches online now, and the pedagogy and technology have improved by leaps and bounds.

But college hasn't become less expensive for students as a result.
3/ Instead, elite universities created online degrees by contracting with secretive #4profit companies that provide all of the marketing, recruitment, learning technology, job placement, and help desk support.

In exchange, the receive between 60% and 80% of tuition revenue.
Read 7 tweets
Betsy DeVos & @usedgov aren't letting Corinthian students know about a court order freeing them from bogus student loans. PLEASE SHARE this video to help students defrauded by #4profit schools Everest, Heald, and WyoTech.

👉 #CancelCorinthian at…
Our office has worked for years to secure relief for students victimized by predatory schools and we won’t quit. For-profit schools like Corinthian Colleges cannot be allowed to rip-off students and taxpayers. #CancelCorinthian #4profit #defendstudents ImageImageImageImage
@SenWarren @JohnBKing @EdDebtJustice We sued Betsy DeVos for not protecting students defrauded by Corinthian. That fight continues. It’s time for @usedgov do the right thing and #CancelCorinthian immediately.

Students can apply for loan cancelation here:…
Read 3 tweets
Former for-profit college exec. and top DeVos Dept. of Ed. official Diane Jones, just gave new life to deadbeat #4profit accreditor, ACICS – allowing an additional year to come into compliance. It’s a betrayal of students and taxpayers.
ACICS – infamous for accrediting #4profit Corinthian, ITT Tech, Westwood – was complicit in the exploitation of tens of thousands of students and the loss of millions in taxpayer dollars.
In April, I joined @SenBlumenthal and colleagues in raising concerns about Jones’ conflicts of interest in the ACICS case from her time working with them in the #4profit industry. Given her background, her decision on deadbeat ACICS is highly suspect, though not surprising.
Read 3 tweets
Thanks, John. I hope EVERYONE reads the @ProPublica piece on Liberty with a side of #LowerEd @AlecMacGillis has done a great job showing how LowerEd is not only a #4profit phenomenon…

Let's read it together, shall we?
One thing I point out in the #LowerEd epilogue is that there is a political context to shifting legitimacy to corporate highered. The GOP isn't shy about it. It's their official policy platform. Of Liberty, Alec shows this nicely
It is the context that colleagues like @Lollardfish @ldburnett @reclaimUC have tirelessly researched, written about and archived: the culture wars never ended. They merely transformed and became more deeply ingrained in "legitimate" political discourse
Read 37 tweets
If you have any doubt that @BetsyDeVosED is completely unqualified to run the Department of Education – you should take a look at her recent interview with @60Minutes.…
.@BetsyDeVosED should be able to answer basic questions about the public school system. A year into her term as Secretary of Education, @RepKClark and I thought it was time for a report card:…
You'll be shocked to hear that @BetsyDeVosED's 1st year at @usedgov was a total failure. Instead of supporting students & teachers, she's been working to make life easier for student loan companies & her friends in the predatory #4profit college industry.…
Read 6 tweets
I'll admit I haven't read the entire Louise Linton Elle article, but this line from her bestie is maybe my favorite: "She’ll fall asleep on the sofa in front of a film and [Mnuchin will] carry her up to sleep. And then she’ll fall asleep in the bathroom." So. Many. Questions.
1. Why are you being carried to bed? My partner has never carried me when sleeping because I'm not a child. That's weird. especially in front of company.
2. Why are you falling asleep in the bathroom? Are you narcoleptic?
Read 12 tweets

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