New PAC-12 Forming

[upstater]

Don’t disagree. I just happened to hook on the idea that non-profit and for-profit aren‘t relevant to the concept of fraud.

The fraud cases skyrocketed with the for-profits. Corinthian, Trump, Grand Canyon, several others.

 

[Rufus]

Pac-12 still awaiting clarity on media rights, conference membership decisions

It could be a few months before the Pac-12 gets clarity on the rights and membership decisions.

www.sportsbusinessjournal.com

 

[NoSpamHere]

The fraud cases skyrocketed with the for-profits. Corinthian, Trump, Grand Canyon, several others.

The for-profit ones are "illegal" fraud. The non-profit, endowment-driven schools are the "legal" frauds

 

[Patman]

The fraud cases skyrocketed with the for-profits. Corinthian, Trump, Grand Canyon, several others.

One of these things are not like the others... one of these things just doesn't belong

 

[AZHuskiePop]

GC got fined $37,000,00 under appeal for understating the cost a Doctoral degree to
7500 candidates , by the Department of Education
It ending up costing $10K more for the majority of students .
In my experience that understating the cost is pretty universal
especially in public’s where the 5 year plan is an inside joke
So why did the DOE single out GC the largest Christian University in the country?
Could it possible be retribution for them suing the DOE for their refusal to return them to non profit status? I don’t know but it’s a remarkable coincidence

 

[Fishy]

The for-profit ones are "illegal" fraud. The non-profit, endowment-driven schools are the "legal" frauds

Essentially.

 

[upstater]

Essentially.

Are we supposed to be against endowments at non-profits?

 

[upstater]

GC got fined $37,000,00 under appeal for understating the cost a Doctoral degree to
7500 candidates , by the Department of Education
It ending up costing $10K more for the majority of students .
In my experience that understating the cost is pretty universal
especially in public’s where the 5 year plan is an inside joke
So why did the DOE single out GC the largest Christian University in the country?
Could it possible be retribution for them suing the DOE for their refusal to return them to non profit status? I don’t know but it’s a remarkable coincidence

Grand Canyon Education accused of racketeering scheme in new class action

Plaintiffs say that “artificial bottlenecks” in doctoral programs at Grand Canyon University, the company’s biggest client, led to higher costs than advertised.

www.highereddive.com

PhDs are fully funded at the nation's non-profit universities. Creating bottlenecks is the opposite of what they do because such bottlenecks cost money. Schools are incentivized to push people through as quickly as possible because these educations are subsidized. It's the opposite of what's being described above.

 

[NoSpamHere]

Are we supposed to be against endowments at non-profits?

I’d sayitdepends on how the endowments are used. If the tax-free status conferred on them implies behavior for the public good then that’s how the money should be used. An 11 figure endowment says, to me, that’s not the case. Those schools could bailutely grow their admissions greatly without any real impact to their endowment yet they choose to grow the endowment instead.