Clinton for-profit education scandal dwarfs Trump U

[mmckee1952]

Clinton for-profit education scandal dwarfs Trump U

Bill and Hillary made millions while students racked up debt

By: Jerome R. Corsi

NEW YORK – Bill and Hillary Clinton’s attack on Donald Trump over Trump University could invite increased scrutiny of the Clintons’ involvement in a for-profit education scandal in which a company that runs shell colleges paid Bill Clinton $16.5 million to be its pitchman.

While the Clintons were collecting millions, Hillary Clinton’s State Department funneled at least $55 million to a group run by the college company, Laureate Education Inc., according to Peter Schweizer’s book “Clinton Cash” as Breitbart reported.

Clinton abruptly resigned from his post as “honorary chancellor” in April 2015 when the disclosure was publicized.

Documents uncovered by Washington-based watchdog Judicial Watch show Laureate Education paid the former president through a “shell corporation” pass-through account that evidently passed State Department scrutiny while Hillary was secretary of state.

Further, in a story showing how for-profit colleges encourage huge student debt, Forbes found the biggest borrower on the for-profit college list is Laureate Education’s Walden University, whose grad students borrowed $756 million in 2014.
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Bill Clinton’s hiring in 2004 as “honorary chancellor” sent the former president scurrying around the globe to make promotional appearances at Laureate campuses in countries such as Malaysia, Peru and Spain.

The company, created in 2004 on the base of the tutoring chain Sylvan Learning Centers, already owned 75 schools in 30 countries and was poised for a massive expansion as Bill Clinton’s name drew top-name, left-leaning investors, including George Soros, Henry Kravis of Wall Street investment banking firm KKR and Paul Allen of Microsoft fame.

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My Thoughts:

Why isn’t Bill & Crooked Hillary being sued for their massive education scandal?