Major For-Profit college to be run by debt collectors

Discussion in 'General Distance Learning Discussions' started by jumbodog, Nov 30, 2014.

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  1. jumbodog

    jumbodog New Member

    jumbodog, Nov 30, 2014
    #1
  2. SurfDoctor

    SurfDoctor Moderator

    Amazing how far many of the big profit schools have fallen.
     
    SurfDoctor, Nov 30, 2014
    #2
  3. John Bear

    John Bear Senior Member

    I hadn't known, till reading the referenced Washington Post story that the Washington Post company (now owned by Amazon/Jeff Bezis) was a major owner of Corinthian. The Post also, of course, owns Kaplan College and University, which, in effect, makes Amazon a major player in the world of online and distance education.
     
    John Bear, Dec 1, 2014
    #3
  4. airtorn

    airtorn Moderator

    My understanding is that Jeff Bezis bought the newspaper from the Washington Post Company and that as part of the sale, the company agreed to take a new name (Graham Holdings Company). Kaplan is a subsidiary of Graham Holdings which is a publicly traded company and not affiliated with Bezis.
     
    airtorn, Dec 1, 2014
    #4
  5. SteveFoerster

    SteveFoerster Resident Gadfly Staff Member

    That's correct. The Washington Post was split off from its holding company for its sale to Bezos; none of the education stuff was part of the sale, only the newspaper. Moreover, Bezos bought the Post as an individual, so there's no relationship between it and Amazon.
     
    SteveFoerster, Dec 1, 2014
    #5
  6. NorCal

    NorCal Active Member

    Why are we shocked by this again? They are for-profit schools after all . . .:blackeye:
     
    NorCal, Dec 2, 2014
    #6
  7. Afterhours

    Afterhours Member

    Agree with NorCal. I see know reason to become involved with for profit schools when other alternatives exist. Not shocked in the least.
     
    Afterhours, Dec 3, 2014
    #7
  8. me again

    me again Well-Known Member

    me again, Dec 3, 2014
    #8

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