March 15, 2016
When it comes to raking in questionable dough via the abuse of political power, the Clintons are in a league all to themselves. In fact, their shamelessness is so rampant and sloppy, the only explanation is they simply thought no one would ever dare hold them to account.
Here’s the latest example, from Raw Story:
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.
Also consider that while 12 percent of the country’s students go to for-profits, a whopping 96 percent of them have to take out federal loans. As a result, for-profit colleges account for 25 percent of all federal financial aid dollars and half of all Department of Defense Tuition Assistance funds.
After all, without the sucker U.S. taxpayer, how would rent-seeking politicians get paid?