Note from Dr. John A…..”Bill gets a cool $17.6 million (!!) merely for being an ‘inspiration’ (!!) to students at a for-profit university; university gets favourable treatment from the Administration while Hillary is Secretary of State..”
It’s got all the makings of a conspiracy theory.
After Hillary Clinton became secretary of state, Bill Clinton received $17.6 million in payments from a for-profit university. Since that time, another organization with a connection to that university received almost $90 million in grants from an agency that’s part of the State Department.
Critics of the Clintons have cried foul. But is there really something shady going on?
There is no shortage of connections between the Clintons and Laureate International Universities. Laureate is a for-profit university — the same kind Hillary Clinton has railed against for saddling students with huge debts.
“[Students] find little support once they actually enroll, or they graduate and discover that, when it comes to finding a job, their degree isn’t worth what they thought,” she told an audience last year.
Laureate has about one million students worldwide, mostly in Latin America, with five schools in the United States.
Laureate has faced investigations in Brazil over whether students were getting what they paid for, and in Chile concerning its for-profit status. U.S. students have complained the school failed to deliver on its promised degree programs.
In addition, three of the five schools Laureate operates in the United States are under what the U.S. Department of Education calls “heightened cash monitoring” because of potential problems with its “financial responsibility.” The school told CNN it disagrees with the government’s methodology.
The Clinton campaign told CNN that the candidate intends to hold for-profit colleges accountable.
“Hillary Clinton has made it clear that all for-profit institutions should be held to the same standards and she will crack down on law-breaking for-profits by expanding support for federal regulators to enforce laws against deceptive marketing, fraud, and other illegal practices.”