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The Regency

debunking miracle projects

While the civil lawsuit is one of many raising similar charges against the expanding for-profit college industry, the case is the first in which the government intervened to back whistle-blowers’ claims that a company consistently violated federal law by paying recruiters based on how many students it enrolled.

Education Management Corporation Accused of Widespread Fraud

http://www.nytimes.com/2011/08/09/education/09forprofit.html
The Goldman Sachs Group, Inc. ( NYSE : GS ) is an American multinational investment banking firm that engages in global investment banking , securities , investment management , and other financial services primarily with institutional clients. Goldman Sachs was founded in 1869 and is headquartered at 200 West Street in the Lower Manhattan area of New York City, with additional offices in international financial centers. The firm provides mergers and acquisitions advice, underwriting services, asset management , and prime brokerage to its clients, which include corporations, governments and individuals. http://en.wikipedia.org/wiki/Goldman_Sachs

Goldman Sachs

http://en.wikipedia.org/wiki/John_Sperling John Glen Sperling (born 1921) is an American businessman who is credited with leading the contemporary for-profit education movement in the United States.

John Sperling

Apollo Group, Inc. is an S&P 500 corporation based in the South Phoenix area of Phoenix, Arizona . http://en.wikipedia.org/wiki/Apollo_Group

Apollo Group

Chile rescinds accreditation of Apollo for-profit

http://www.timeshighereducation.co.uk/420780.article Chile's only university owned by the global arm of US for-profit education giant Apollo Group has had its accreditation withdrawn. On 18 July, following an unsuccessful appeal, Chile's National Education Council confirmed a decision by the National Accreditation Commission to stop accrediting the University for Arts, Sciences and Communication (UNIACC). The university's students will no longer be eligible for the Chilean government's state-backed student loan system, which allows borrowing at below-market interest rates. In its decision, the council said the university's goals and planning lacked clarity, and it criticised internal quality assurance mechanisms. It also expressed uncertainty over the institution's long-term sustainability and concern that its large projections of growth in e-learning would not guarantee adequate levels of quality.
https://www.bankofamerica.com/philanthropic/overview.go The Philanthropic Solutions group at Bank of America’s U.S. Trust delivers expertise and a comprehensive suite of investment and management services to help individuals and institutions build and sustain their charitable missions.

Bank of America | Philanthropic Management | Overview

http://seattletimes.com/html/localnews/2015841009_gatesadvocacy07m.html

Gates Foundation pours funds into education advocacy groups

Three of Washington's most prominent education advocacy groups share more than a desire to change the state's public-school landscape.
https://www.commondreams.org/headline/2011/08/08-6 As co-chair of Wisconsin’s powerful legislative Joint Finance Committee, Alberta Darling was charged by Governor Scott Walker with cobbling together the most anti–public education budget in Wisconsin history. And Darling delivered, with a plan to slash $800 million in funding for public schools across Wisconsin while at the same time scheming to shift tens of millions from the state treasury into the accounts of private schools.

Right-Wing Billionaires Invest in Wisconsin's Recall Elections to Save School Privatization Agenda

http://www.bbc.co.uk/news/education-13037734 28 September 2011 Last updated at 12:05 ET By Sean Coughlan BBC News education correspondent The Open University has been applying its distance-learning experience to global projects

Open University to get Bill Gates funding

This appeared on the New York City parent blog :

Diane Ravitch: Gates Foundation

WEF Davos - Pauline van der Meer Mohr

Honoured to receive a last minute invitation to join Bill Gates for his Davos CEO breakfast tomorrow morning.

America's Promise

President George W. Bush and Secretary of State Colin Powell hold a press conference about America's Promise
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