Taxpayers have sent billions of dollars to the company since 2010. Source: ITT Technical Institutes Shuts Down, Leaving a Hefty Bill The government annually doles out more than $100 billion in loans and grants to students. Colleges rarely face any consequences if their students fail to graduate or subsequently default on their debt. But an … More ITT Educational Services Inc. Abruptly Shuts Down
The ex-president’s contract showed how his charity work overlapped with the Clintons’ private and public lives. Source: Inside Bill Clinton’s nearly $18 million job as ‘honorary chancellor’ of a for-profit college Billionaire George Soros, Microsoft co-founder Paul Allen and private equity investor Henry Kravis all financially back Laureate Education University. The company paid former President … More Is Bill Clinton’s name worth $18 million? It is if you are a for-profit college.
BBC interview with class action lawyer Steve Berman who is suing Big Chocolate for using child slave labor Source: Chocolate class action for alleged child labour, Newsday – BBC World Service Consumers in the US state of California have filed a class action lawsuit against Nestlé, Mars and Hershey’s for alleged child slave labour used … More Class action lawsuit for alleged child labour in the chocolate industry
Student debt obligations require an estimated $160 billion in annual payments. Source: $1.3 trillion in student loan debt is crippling retail sales growth Student debt obligations are growing faster than the average salaries for recent graduates, and require an estimated $160 billion in annual payments, according to new analysis from Moody’s. That’s $40 billion greater … More Retail sales growth crippled by $1.3 trillion in student loans