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Monday, July 10, 2017

DeVos and Defrauding | By Christopher Brauchli | Common Dreams

DeVos and Defrauding | By Christopher Brauchli | Common Dreams:

DeVos and Defrauding

"Not surprisingly, in this administration, if a choice has to be made between taking steps to help the needy, in this case students, or the taxpayer, the taxpayer wins."

Education Secretary Betsy DeVos has moved quickly to dismantle Obama-era regulations aimed at protecting students from predatory for-profit schools. (Photo: Ted Eytan/Flickr/cc)
D’ye think th’ colledges has much to do with th’ progress iv th’ wurruld?” Asked Mr. Hennessey.
“D’ ye think ,” said Mr. Dooley, “tis the mill that makes th’ wather run?”
— Finley Peter Dunne [Mr. Dooley], Colleges and Degrees
The good news is that the DJT administration has finally come up with a plan to help businesses that does not benefit one of DJT’s enterprises and, therefore, does not represent a conflict of interest for DJT. That comes as a welcome surprise for those who have marveled at how DJT has transformed the White House from a policy center to a profit center. This was most recently demonstrated when the Republican National Committee selected the Trump International Hotel in Washington, to host a $10 million re-election fund raiser in that venue. According to the hotel, the Republican National Committee that put on the event paid “regular prices” for all the services and space provided by the hotel. That blatant conflict of interest made it all the more important to alert the public to the fact that, appearances notwithstanding, the most recent political decision made by the administration does not benefit DJT in any way. That is because, as far as can be determined, DJT no longer has any financial interest in making money by defrauding students. That was not always the case.

A while back, DJT was the poster child for an unethical enterprise that purported to offer training to its victims in get rich schemes. His fraud was called Trump University. It was a complete scam. It had no campus or classrooms. Although it touted the qualifications of its faculty when recruiting students, its faculty lacked academic credentials, the university granted no degrees, and most of its students discovered that promises of lucrative careers in the real estate world following completion of the program were illusory. Because of its palpable fraudulent conduct, it was subject to a class action lawsuit from those who had DeVos and Defrauding | By Christopher Brauchli | Common Dreams: