By Professor Doom
Last time I was a bit hard on Trump, so I figure this time to give him a break.
So much of our
news media is deranged these days. It takes real effort to pick out information
from the propaganda, and a recent article from Ctrl-Left hate site The Nation,
a “weekly journal of progressive news” that’s been around for ages, highlights
the problem:
For Profit
Colleges Are Dodging Regulations By Becoming…’Nonprofits’?
Under
Trump, the scam-college industry is getting a second wind.
I’ve been saying
the for-profits have been disguising themselves as non-profits for years
(here’s a post from before the 2016 election where I said it, on the college
debt list of shame). NYU is the
most famous “non-profit” school which really puts the screws to students in the name
of profits, but…this isn’t a Trump thing, as NYU was founded in 1831.
Now, just because
the site falsely tries to put the blame on this “new” trend on Trump, doesn’t
mean it’s not a trend (although a trend identified by me years ago…seriously,
mainstream media sucks).
Goodness, the
hatred guiding the author is palpable, but before getting to what little the
article has to say, I want to use the above to inform. Yes, Trump was involved
in a dubious “school,” though it wasn’t an educational institution. The
profits--if any, he shut it down fast like smart businessmen do with losing
propositions--from it pale next to the massive sums “acquired” by the likes of
Sanders and Clinton in their own involvement in schools…schools that are actual
universities, screwing kids forever in exchange for student loan money. I covered
this hierarchy of fraud before, of course. It’s curious how the
author neglected to mention this detail. Oh yeah, that’s right: when you’ve a
narrative to push, you can’t divulge anything to contradict it. It’s the big
problem with our news today, you have to go somewhere else to get the full
story.
Similarly, “faux
philanthropy” is a strange thing to say, unrelated to the subject of the
article. But seeing as it was brought
up, does the author truly not know about the immense fraud of The Clinton
Foundation? Maybe she could
go to another site and learn about it.
Anyway, let’s get
to the piece:
…his
administration is taking a lax approach to regulating the college business…as
the disgraced for-profit education industry revives itself.
I do wish she could have backed up this
claim, as the most
recent data sure indicates the for-profit education industry is taking a
relentless beating, and is in no way reviving itself. Much as other Ctrl-Left
articles talk about “rising hate crimes” even when nobody can see any at all, there
seems to be an agenda being pushed, one that cannot respond to facts.
As far as lax
regulations, sure, Trump hasn’t done much. But neither have the last five or
more presidents. Again, here’s a
piece from 2014 where the Feds knew a school was a fraud, well
before the Trump presidency, and the Feds still gave the school well over a
billion in student loan money, in a single year, because the regulations
allowed even a fraudulent school, if accredited, to get student loan money. Total
student loan debt goes up around 100,000,000,000 a year, and has been for
years, because there hasn’t been a way to stop the fraud. And then there’s the
long-running Pell Grant scam, 20 years or more, where nomadic
students go from campus to campus in the same state getting the SAME grant (and
taking the same courses, likely), because there’s not enough regulation to even
keep student names on record so they can’t get the same “free money” multiple
times.
It’s a real shame
the derangement of the site re: Trump gets so much in the way of addressing the
very real problems we’ve had in our higher education system for years, if not
decades.
So “these creatures seem to be multiplying.”
Finally the article gets around to
talking about what a non-profit school is supposed to be, and cites the
benefits of such a school, assuming it’s run by an administration with
integrity. That assumption is a big problem. Sadly, these schools have been
systematically plundered (here’s such
a school from 2014, getting looted due to the lack of regulations.
Because of Trump, being elected 2 years after the looting, you see…), our
system is just too vulnerable to having a Poo-Bah come in, and granting him too
much power to enhance his bank account and real estate holdings at the expense
of the school (cf, Mrs. Sanders, you didn’t think he got the money for those
multiple houses from speeches, did you?).
And what solution
is proposed to this “rising” problem of scammy non-profit schools?
To protect students, simply
demanding real transparency through stricter oversight of nonprofits…
As is typical of
the Ctrl-Left, “more government control” is proposed. Thing is, government had
control, and ceded it to accreditation…which in turn became controlled by the
very institutions which were to be controlled. This process is called “regulatory capture,” and
while higher ed is hardly alone for this type of corruption…you don’t respond
to regulatory capture by adding more regulations. Not rationally, anyway,
although one doesn’t expect rational thought from the Ctrl-Left.
The simple
solution, as always, would be to end the student loan scam. Without the massive
profits, the for-profit schools would die, and the fake “non-profit” schools
would die as well. Of course, a solution that doesn’t involve “free stuff” from
the government (in this case, a free set of regulatory controls created by
volunteers with experience in higher ed, and doubtless enforced by an army of
free volunteers until the end of time) cannot possibly be suggested by a
Ctrl-Left site. This is really the big problem with our media, they so
blatantly fail to discuss things in detail, or consider anything outside the
statist point of view.
Sadly but
predictably, the article both begins and ends in mindless misleading hate:
Under the
leadership of a politician who built his own fame with the help of a fake
university scam…
Gee whiz, really?
The guy had a big TV show, if memory serves, and I seem to vaguely recall he
had some real estate and casino interests as well. Far more likely, he was
hoping his reputation would drive sales at Trump University. I imagine most
people don’t recall his “real estate university,” an unaccredited nonacademic
business which never took a nickel of federal student loan scam money (and thus
has nothing to do with the topic of the article), and certainly didn’t hurt
nearly as many kids as, well, other politicians (double meaning intended here)
who involved themselves in schools.
Anyway, there’s
still a tiny piece of truth in the article, despite the author’s derangements:
don’t assume that just because the school is “non-profit” that it’s not out to
extract every last dollar it can from the students.