Posted on 11/18/2015 6:08:18 PM PST by Libloather
A for-profit educational corporation that has donated to the Clinton Foundation agreed to pay $95.5 million to the Obama administration as a settlement for a government lawsuit alleging that it was using illegal tactics to lure in prospective students.
The Education Management Corporation was sued by the Department of Justice in 2011 for multiple recruitment violations, including paying its recruiters based on the number of students it enrolled, and exaggerating the career opportunities that were available to graduates. The lawsuit argued that the violations made the corporation ineligible for the $11 billion in state and federal financial aid it has received since 2003.
On top of the $95.5 million settlement, the group also agreed to forgive more than $100 million in loans it made to former students, according to the Associated Press.
(Excerpt) Read more at freebeacon.com ...
Payback $195.5 Million from $11 Billion received since 2003.
Not bad.
Help me out, here.
Why is this being paid to the “Obama Administration”?
So little pig legs can become President and spread her estrogen fairy dust all over the country.
Money laundering again ?
You just ruined my dinner.
Clintons deceive students, damaging them. Therefore students made whole by remedy paid to OBAMA.
If Hillary busts Bill in the face with an ashtray can *I* get paid..?
How about with a LAMP..?
This reminds me of when Tobacco companies “deceived” smokers, damaging them, and had to make them whole by paying Da GUMMINT, which in California meant they paid for SIDEWALKS.
Smokers died and we got SIDEWALKS.
I don’t get it.
If Hillary really wants to show America how much she cares, she should write a check for a billion dollars to resettle the refugees. In Haiti of course.
Get out the Tide and fabric softener. Another load
So now we know how Clinton will stay out of jail.
Please note the there is no accountability as to where these fines end up.
They become Obama’s slush fund.
This organization has some unusual practices. For instance, its students serve as telemarketers who pitch the school to prospective new students. It operates in at least three countries (Turkey, Mexico and Chile) where for-profit universities are illegal, author Schweizer notes.
Douglas Becker (a FOB), runs the for-profit university, which engages Bill Clinton to give speeches several times a year. Based on Clintons gargantuan fee scale, that works out to Pres Bill getting perhaps $1 million a year from Laureate, Clinton Cash author Schweizer estimates.
(On falsified disclosure forms, Pres Bill revealed only that he has been paid more than $1,000 by Laureate.)
Becker also runs a related nonprofit, International Youth Foundation, which coincidentally found its federal grant money has exploded (according to author Schweizer) since Hillary became secretary of state (in 2009) and Bill became honorary chancellor of Becker’s profit-seeking company.
Many of International Youth Foundation grants came from tax dollars---from the federal agency USAID, over which then SoS Hillary took control by official moves that dramatically reduced its independence, Clinton Cash author Schweizer says.
This organization has some unusual practices. For instance, its students serve as telemarketers who pitch the school to prospective new students. It operates in at least three countries (Turkey, Mexico and Chile) where for-profit universities are illegal, author Schweizer notes.
Douglas Becker (a FOB), runs the for-profit university, which engages Bill Clinton to give speeches several times a year. Based on Clintons gargantuan fee scale, that works out to Pres Bill getting perhaps $1 million a year from Laureate, Clinton Cash author Schweizer estimates.
(On falsified disclosure forms, Pres Bill revealed only that he has been paid more than $1,000 by Laureate.)
Becker also runs a related nonprofit, International Youth Foundation, which coincidentally found its federal grant money has exploded (according to author Schweizer) since Hillary became secretary of state (in 2009) and Bill became honorary chancellor of Becker’s profit-seeking company.
Many of International Youth Foundation grants came from tax dollars---from the federal agency USAID, over which then SoS Hillary took control by official moves that dramatically reduced its independence, Clinton Cash author Schweizer says.
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