If this is true it is truly disheartening:
Student loan debt continues to be one of the largest economic issues plaguing the U.S., with the total amount topping $1.3 trillion. Hillary Clinton’s higher education policy touts debt-free degrees for underprivileged students. But is she being genuine in her efforts to address the issue?
While Hillary loves to rail against shady for-profit colleges on the campaign trail, she does have some financial ties to them that are likely to shape whether or not she holds them accountable for ripping students off.
It was recently revealed through Hillary’s emails that during her first year as Secretary of State she insisted that Laureate Education be included in the guest list for an education policy dinner hosted at the U.S. Department of State.
“It’s a for-profit model that should be represented,” she wrote in the August 2009 email, and as a result, a senior vice president at Laureate was added to the guest list. Several months later, former President Bill Clinton became an honorary chancellor of Laureate International Universities, which turned out to be incredibly lucrative. He was paid a cool $16.5 million between 2010 and 2014 for his role with the for-profit college.
via Raw Story
First of all, no one is worth that kind of money for the expertise they might bring to that particular table. So, what was Laureate paying for? But more broadly, for-profit “educational” institutions have to be among the very worst developments in this age of corporatization. There are some things that do not lend themselves to a profit making model. Hospitals are one, as we are rapidly learning. Educational institutions are another. We can all learn a lesson from Donald Trump, who had his very own university. You see, he’ll tell you that there are many things that business people like him do all the time, which they shouldn’t be allowed to do, but so long as they’re allowed to do those things, they have a duty to do them, because their only obligation is to make as much money for themselves as they can. Trump is not unique, and neither was his con job university. It’s really not expecting too much of the Clintons to stay away from the scum that run these scamming operations. After all, they really don’t need the money, even if they are dead broke.
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