0
Sunday 27 May 2012 - 05:46

The U.S. High-Profile Politicos Implicated In For-Profit Education Scam

Story Code : 165881
The U.S. High-Profile Politicos Implicated In For-Profit Education Scam
Chinea Washington, the lead plaintiff in the class-action lawsuit,
alleges that the Art Institute of California Hollywood misled her,
making her believe that federal grants and loans would cover the $89,000 cost for a Bachelor's degree in interior design. After three years of study, Washington was given notice that the "college" had reached the federal loan/grant aggregate limit of $52,340 and that it would cost her $37,000 to complete her degree. Washington dropped out of her studies with $52,160 in debt, and since Washington's "college" credits are not transferable, Washington was also swindled out of three years of her life.

As with the Wall Street subprime mortgage scam, it appears that for-profit colleges are a scam that is driven by commission payments to recruiters. Commission payments to recruiters are such a scam that the Association of Private Sector Colleges and Universities (APSCU) has sued the Federal government to overturn its ban on incentive pay (link: http://www.career.org/iMISPublicAMTemplate.cfm?Section=Home&TEMPLATE=CM/ContentDisplay.cfm&CONTENTID=25224[3]).

POLITICIANS PROFITING FROM FOR-PROFIT EDUCATION FRAUD

Similarly, for-profit colleges could not engage in their fraud without the direct cooperation and involvement of our corrupt Congress critters and other aspiring political personalities such as Mitt Romney (link:
http://www.usatoday.com/news/politics/story/2012-03-26/romney-for-profit-colleges/53865654/1,[4]) who demonizes the government's policies while making millions off of collusion with someone in the Federal government. The hypocrisy is indefensible and the lack of criminal prosecutions is unconscionable
(link: http://www.alternet.org/module/printversion/155073 [5]).

As long as politicians are profiting from multi-billion dollar
fraudulent scams perpetrated against the general public, no one will face charges. Many of our profoundly corrupt Congress critters enact "legislation" written by leaders of the scams and those that support them for personal profit.

A closer look at two of our more high-profile corrupted Congress
critters reveals that the public continues getting screwed while our "honorable" politicians thrive: Senators Olympia Snowe and Dianne Feinstein's husbands have made millions of dollars riding the coat tails of their corrupted wives (link:
http://www.mydesert.com/article/20120402/NEWS03/204020329/For-profit-colleges-reflect-Sen-Dianne-Feinstein
[6]), profiting directly as share-holders of for-profit colleges.

Snowe (R-Maine) and Feinstein (D-California) have aided and abetted the ongoing fraud against U.S. taxpayers and students for years. Indeed, Feinstein has made millions by diverting taxpayer money through her husband’s business for much of her political career which spans decades.

A VAST NETWORK OF HIGH-PROFILE POLITICIANS PARTICIPATED IN THE SWINDLE

Snowe and Feinstein are considered to among be the political elite responsible for the gaggle of white-collar criminals responsible for facilitating and benefiting from diverting U.S. taxpayer money into the hands of private coffers. In fact, there is quite a vast network of current government officials actual participating in the for-profit Education swindle.

In addition to Snowe and Feinstein, other well-known white-collar political criminals include GOP Presidential hopeful Mitt Romney, Representatives Virginia Foxx (R- North Carolina), John Kline (R-Minnesota), Alcee Hastings (D-Florida), Trent Lott (R-Mississippi), Lamar Alexander (R-Tennessee), Steve Gunderson (R-Wisconsin), Virginia Democratic Chairman Brian Moran, House Minority Leader Nancy Pelosi (D-California) and House Speaker John Boehner (R-Ohio). Obama administration officials and supporters Lanny Davis, Anita Dunn, Hilary
Rosen, Anthony Miller and Charlie Rose are also involved in defrauding U.S. taxpayers and students (link:
http://www.alternet.org/module/printversion/155073 [7]).

Unsurprisingly, the presstitute corporate media – especially the
Washington Post which owns Kaplan University, a for-profit educational institution -- won’t cover much of the scandal. But until we remove our corrupt Congress critters from office and prosecute them and those they cater to, the government’s white-collar criminals will continue defrauding U.S. taxpayers and students with impunity. The time has come to take a closer look at lobbying reform, term limits – including term limits for corrupt “Justices” appointed by corrupt Presidents – and accountability. The looting of the U.S. public needs to cease.
 
Keywords: Dianne Feinstein, Olympia Snowe, MItt Romney, Art Institute of California, Corrupt Congress Critters, Presstitute Corporate Media, Virginia Foxx, John Kline, Alcee Hastings, Trent Lott, Lamar Alexander, Nancy Pelosi, John Boehner, Steve Gunderson
Comment