Posted on 03/07/2016 6:34:27 PM PST by bryan999
Published on Mar 7, 2016
The facts on Trump University the media and lying politicians choose to ignore. Irresponsible and dishonest.
(Excerpt) Read more at youtu.be ...
Facts that can help when arguing with moonbats about Trump. They'll eventually bring this nonsense up so here we have it. Knock em back with this info !
Trump instinctually knows how to not be taken advantage of in business. He will use this advanced and intuitive skill set when running the country.
The man is a patriot and is going to save America from a Hillary Clinton tyranny.
I took classes and got a license.
Problem was I couldn’t sell.
I didn’t go running to sue the school.
Very cool. Thanks for sharing.
I googled it. According to the BBB, Trump University is not currently rates as the believe the company to be out of business.
So which is it?
Donald claims an A rating.
The BBB says no rating because it is defunct.
I was surprised and learned something from Trump’s handling of this. I came up within a Fortune 50 company where the feeling was “even a bad settlement is better than a good lawsuit”, and they settled everything they could, so I assumed Trump did too. But he’s correct - when you’re right - you should fight!
Time (not the greatest source. Makes the same claim. The business is defunct.
http://time.com/money/4247972/trump-university-better-business-bureau-rating/
Quote “
Back to Trump. The BBB issued a statement to PolitiFact stating “Over the years, the company’s BBB rating has fluctuated between an A+ and a D-.” Investigating further, the site found that the last time Trump University was rated by the BBB in 2010, it received a D- rating. The business closed down that same year. Trump is incorrect insofar as the Trump Entrepreneur Initiative does not currently have a rating from the BBB, because it closed down.
What we do know, from several published reports and archived Web pages, is that the university had a D in 2010 and under its new name, had ratings ranging from C to B, with no ratings after March 2014.
On March 3, Trump tweeted an image of the BBB rating appearing to show an “A” rating, although a search today on the website shows that there is “No Rating.” Michael Cohen, executive vice president of the Trump Organization and special counsel to Donald Trump, emailed MONEY a screen grab that showed the photo that Trump tweeted was accessed from the BBB website in August 2014.”
I’m starting to think every student who didn’t receive everything that was promised to them should be allowed to sue for damages. Starting from trade schools up to Ivy League.
Yesterday I searched for the BBB rating and found it, today it has been changed. When I found it the rating said that it had been a D and that the reason was that the BBB had reservations about the industry. There were no reasons specific to the company.
This Mottly Fool article from 2013 also rates Trumps school very badly.
This is a link to the post where I pasted the BBB report I accessed yesterday
http://www.freerepublic.com/focus/news/3405896/posts?page=18#18
More victims of alleged Trump University scam come forward supporting suit against The Donald
More than 100 people have come forward as former participants of what New York Attorney General Eric Schneiderman has dubbed a 'nationwide scam' and a bait-and-switch program.
BY Kenneth Lovett DAILY NEWS ALBANY BUREAU CHIEF Friday, November 1, 2013, 2:30 AM
Is the ‘university’ in business?
I took classes and got a license.
Problem was I couldn’t sell.
I didn’t go running to sue the school.>>>
your not an @#$%^&*
and i did too didn’t sue penn state cuz i couldn’t make it in real estate sales. took another class in computers. that was my thing. took a $5,000 class in java. i can cut java in my sleep. can’t get a job in java. but i can so far manage a segment of a financial business. i survived.
Here is the rating from 2010!
“Meanwhile, the Better Business Bureau in January slapped a D-minus rating on Trump U., a rating now under review after Trump U. objected. Trump Institute got an F in early 2009.”
http://www.nydailynews.com/news/trump-u-hit-complaints-paid-30g-return-article-1.446342
Is every student, of any institution of higher learning, entitled to bring suit against said instititution, if they do not succeed in life/career?
“Trump Elite programs” — which typically cost around $25,000 to $30,000 — didn’t deliver. According to the filing, the elite programs failed to follow through on “... access to hard money lenders.”
I’m sorry I don’t know any more about it than I posted. I read some articles when the issue was first raised in the campaign. Several people who had taken the seminar told reporters it had been worthwhile to them and they had gotten their moneys worth. I linked those articles in earlier posts. I searched again yesterday specifically for the BBB rating because it had been in the post debate articles.
My impression is that seminars are not rocket science and that no one should reasonably expect to have their life revolutionized by a day or two of contact hours. I do know that there was a money back guarantee if participants were not satisfied within 3 days after the course and that actual people did request and receive refunds.
I have been to many seminars, some good some weak. The prospectus always indicated they would be state of the art or intensive...That’s why I think the claims are bogus especially since the lead defendant withdrew since she had recorded a very positive video evaluation of the seminar she attended.
Here are the lawsuit's nine most damning allegations:
1. Trump U's "handpicked" instructors didn't know anything about real estate: Trump University, the filing alleges, "repeatedly claimed that prospective students would be taught by successful real estate 'experts' who were 'handpicked' by Donald Trump. In fact, respondents lacked substantiation for the claims that their instructors and mentors were successful real estate entrepreneurs. Not a single one was 'handpicked' by Donald Trump. Many came to Trump University from jobs having little to do with real estate investments, and some came to Trump University shortly after their real estate investing caused them to go into bankruptcy."
2. The Donald was a no-show: "Trump University speakers repeatedly insinuated that Donald Trump would appear at the three-day seminar, claiming that 'he is going to be in town' or 'often drops by' and 'might show up' or had just left, or baited students with the promise of a 'surprise' or a 'special guest speaker.' As students later discovered, these claims were untrue. Rather than being photographed with Donald Trump, they were offered the chance to have photos taken with a life-size photo of Donald Trump."
3. Trump U rigged its course ratings: Before the suit was filed, Trump pushed back preemptively, starting a website to make his case. "Trump University has a 98% approval rating," the site reads, "So why is New York Attorney General Eric Schneiderman wasting millions in taxpayer money going after them?": According to the filing, "Trump University instructors also asked that students complete evaluations in order to receive their Certificates of Competition for the course and 'pleaded for a favorable rating so that 'Mr. Trump would invite [them] back to do other retreats.' Mentors compelled students to complete the non-anonymous evaluations in their presence, filled out the forms themselves or pressured students into giving them higher scores or completing the evaluations before they had an opportunity to see if Trump University's promises would be fulfilled." "Rather than being photographed with Donald Trump, [students] were offered the chance to have photos taken with a life-size photo of Donald Trump."
4. Trump U pretended to be a school: "Some instructors claimed that a Trump degree 'is a bit of a college degree' and that Trump offered 'graduate programs, post graduate programs, [and] doctorate programs.'" Furthermore, "Instructors routinely referred to themselves as 'faculty' and to the Trump University program participants as 'students' and then 'graduates' after completing a course and going through 'graduation.'"
5. Trump didn't develop the curriculum: "The contents and materials presented by Trump University were developed in large part by a third-party company that creates and develops materials for an array of motivational speakers and seminar and time-share rental companies…Trump University's repeated claims that the seminar material consisted of Donald Trump's own personal strategies were part of a deliberate effort to appropriate generic material common to motivational seminars on real estate and to characterize this material as being Donald Trump's own proprietary information."
6. Not-so-secret investing secrets: "Instructors represented that the three-day seminar would provide special instruction to students on how to obtain 'private' or 'hard money' sources of financing, rather than traditional loans from banks…In fact, there is no evidence that the three-day seminars contained substantive instruction on 'how to raise private money,' and the supposedly special 'database' of lenders turned out to be a list photocopied from an issue of Scotsman Guide, a commercially available magazine."
7. Trump was in it for the money: "Trump University also claimed that Donald Trump was not profiting from Trump University and founded it solely for philanthropic purposes. According to Trump University speakers, students' payments for the three-day seminars would not go to Donald Trump. In fact, Donald Trump netted about $5 million in profit." 8. The seminar was a bait and switch: "When students reached Trump University's three-day seminar, they learned that contrary to what they had been promised at the free seminars, they were not going to learn everything they needed to know to start investing. Instead they were told they had to purchase additional programs to get the help they would supposedly need—and that they would fail if they did not continue at Trump University.
9. Students were told to lie to their credit card companies: Instructors "urged students to call their credit card companies during a break in the sessions, requesting increases to their credit limits…Trump University even provided handouts with scripted talking points for students to use in their phone calls with credit card companies, explicitly encouraging people to falsify their current income, 'add[ing] projected income from our future real estate venture[s],' and to deceive credit card companies by declaring income streams from corporate entities that had not been created, with a script telling students: 'If they ask you to prove income, inform them that it will be too much trouble to put all the paperwork together.'… Trump University misrepresentations regarding credit limits had the effect of damaging students' credit scores, contrary to the claims made at the free seminars that Trump University would help increase students' credit scores."
So I guess once you graduated people were just waiting to hand you money. Good grief
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