The Arbitration Fairness act and the scourge that are for-profit colleges: Lost in the Fine Print
As I wrote at Dailycensored:
“The decrepit, reactionary Supreme Court ruled in favor of for-profits when they ruled that arbitration is the only option for students cheated by for-profit, predatory colleges. Obama and his Department of Mis-Education support for-profit colleges with a gusto. They even support student loan fraud and have given Navient, a corporation spun off from the Lumina Foundation and Sallie Mae, mercenaries for profit, contracts after federal prosecutors recommended Navient be indicted for fraud” (http://www.dailycensored.com/for-profit-colleges-and-the-arbitration-fairness-act/).
What we have done to higher education and those wishing to engage in it is simply criminal and part and parcel of the culture of cruelty that has swept the nation.
By allowing for-profit colleges to put a clause in their contracts with students, forcing them to go to arbitraation if criiminal acts are committed and denying them access to the courts is how the Supreme Court has now rewarded the drive-by for-profit colleges. Many if not most students of these criminal syndicates are unaware that they have been impeded in their quest for justice by the use of ‘arbitration clauses’ that work to their disfavor.
What is equally insidious is that the so-called ‘teachers’ unions’ have not only said nothing about this ongoing scam, but they continue to invest in for-profit colleges with member’s contributions, loading up pension funds with worthless stock and undermining the public commons. State Teacher Retirement Funds are loaded with for-profit college stocks and this is one reason that the Obama administration seeks to protect the organized criminals who run and fund the insidious colleges (http://www.projectcensored.org/financial-capitalism-and-the-us-teachers-pension-fund-fraud/).
Van Roekel, NEA past president, Arnie Duncan of the Department of Education and current NEA president, Eskelsen break bread while targeting students
Wall Street and the ‘union leaders’ and ‘hedge fund managers’ for teacher pensions have locked arms and work now to assure students not only do not get an education, but that Wall Street gobbles up more and more of your tax monies in fraudulent student loans for the mafia run schools.
Denying justice to students, allowing criminal enterprises to flourish, saddling students with $1.2 trillion in student loan debt and assuring no education is The Daily Censored » The Arbitration Fairness act and the scourge that are for-profit colleges: Lost in the Fine Print:
