Quantcast
Channel: Clinton Foundation – AMERICAN TODAY
Viewing all articles
Browse latest Browse all 128

Bill Clinton Took $17 Million from for-profit College, while Hillary…

$
0
0

Since launching her bid for president, Hillary Clinton has been a vocal critic of for-profit schools, pledging in speeches across the country to “crack down on predatory schools” and help students drowning in student loan debt.

“If they load students up with debt for programs that don’t lead to good paying jobs, students and taxpayers should not be the only ones left holding the bag,” said Clinton in a campaign speech in New Hampshire.

She has also slammed her opponent for the problems at his namesake school. Said Clinton, “[Donald Trump] is trying to scam America the way he scammed all those people at Trump University!”

But Trump isn’t the only one who has profited. Over five years, former president Bill Clinton earned $17.6 million from the world’s largest for-profit education company, Laureate Education, Inc. In his role as “honorary chancellor,” Clinton has traveled the world on Laureate’s behalf, extolling the virtues of the school.

And some two dozen former and current students at Laureate’s flagship school in the U.S. — an online, for-profit school called Walden University — told NBC News they feel victimized by the kind of practices Clinton has promised to fight. A 2015 study found Walden students had compiled the second-highest debt load of any school in the U.S.

“We pursued [our degrees] because we wanted to be successful and not be put in poverty,” said Sondra Beall-Davis, a current PhD candidate at Walden and a former corporate consultant, who now owes over $200,000 in student loan debt incurred during her time at Walden. “Now you’ve taken me from a successful career to poverty.”

‘Here for Good’

According to tax returns released by the Clinton campaign, the Clintons earned a total $22 million from for-profit education companies. Laureate’s paychecks to Bill Clinton made up the bulk of that, with $17.6 million going to Clinton in his role as honorary chancellor from 2010 to 2015. He quit that role 12 days before […]

READ MORE ON NEXT PAGE >>>

The post Bill Clinton Took $17 Million from for-profit College, while Hillary… appeared first on AMERICAN TODAY.


Viewing all articles
Browse latest Browse all 128

Trending Articles