Tags: Education | Veterans | Taxpayers | Veterans | for-profit | colleges

Attkisson: Taxpayers on Hook for Vet Loans at For-Profit Colleges

"Full Measure"

By    |   Monday, 02 November 2015 07:31 AM

Seven for-profit colleges are under investigation for possibly using deceptive or misleading recruiting of military veterans and receiving G.I. Bill funds while delivering sometimes useless degrees to veterans, Sharyl Attkisson reported Sunday on her program "Full Measure."

Career Education Corporation, Corinthian Colleges, Inc., DeVry University, EDMC, Apollo Education Group, Kaplan University, ITT Tech, are part of the probe. Corinthian shut down in May amid fraud allegations, which it denies.

The federal government announced a month later it will forgive loans for students at that school, and taxpayers will end up paying $3.5 billion.

Attkisson talked to one veteran who later got a job recruiting other vets to DeVry. The school encouraged high-pressure sales tactics on the vets, Chris Neiweem said.

"Working in the industry at that time truly reminded me of the film 'Glengarry Glen Ross,'" he said "There is this scene where a corporate sales manager is brought in to improve the performance of the sales floor – played by Alec Baldwin – and that was similar at the company."

Members of "Team Camo," as his division was called, were called on the carpet if they let vets out of their classes – even when they were called to active duty and couldn't take the online classes.

"The company didn't care. They just wanted to make sure that they stayed in their classes and so the university could continue to be paid and they would continue to be on the enrollments books," Neiweem said.

Illinois Democratic Sen. Dick Durbin told Attkisson the schools are big political donors, and that has had an affect on the unsuccessful bills he has introduced to rein in the practice.

"If these schools that are enticing kids into loans for educations that are worthless had some 'skin in the game,' some responsibility for default, they'd think twice about it. But they don't," Durbin said. "They could care less."

Attkisson's "Full Measure" airs every Sunday on Sinclair affiliates nationwide and can be live streamed at 9:30 a.m. Eastern at FullMeasure.news.

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Seven for-profit colleges are under investigation for possibly using deceptive or misleading recruiting of military veterans and receiving G.I. Bill funds while delivering sometimes useless degrees to veterans, Sharyl Attkisson reported Sunday on her program "Full Measure."
Taxpayers, Veterans, for-profit, colleges
336
2015-31-02
Monday, 02 November 2015 07:31 AM
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