Saturday, May 24, 2014

Top Donor for House Education Chair is For-Profit College Facing Federal and State Fraud Probes

Source: Republic Report

As reported yesterday by OpenSecrets, Representative Virginia Foxx (R-NC) has no serious opposition in her bid for reelection, yet has received more than $800,000 in campaign contributions. More than half of that money has come from outside North Carolina, much of it from corporate special interests.

...the for-profit colleges have cash to spend, because their industry has been getting as much as $33 billion per year from taxpayers.
...
The single biggest donor group to Foxx, by almost a factor of two, is Santa Ana, California-based, for-profit Corinthian Colleges.
...
the for-profit colleges have cash to spend, because their industry has been getting as much as $33 billion per year from taxpayers.
...
Corinthian, which operates Everest, Heald and WyoTech colleges, has a troubling record. The company faces a major lawsuit from California attorney general Kamala Harris, who has charged that Corinthian has engaged in “false and predatory advertising, intentional misrepresentations to students, securities fraud and unlawful use of military seals in advertisements.”

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