Moreover, if the top-notch people at Kaplan have "real" degrees, then what does that say about their "product?" I am loath to use that term, but that's what these folks have done. They've turned education into a consumer product, which is the primary reason why these schools are such scams. (The non-profits have done the same thing, i.e., incorporated language from the market to describe students and so forth).
If these folks truly believed in offering opportunities to lower-income Americans, their company would not be driven by enrollments numbers and profits. (Jesus, how depressing is that?!? It's a company. It's not a school). It screams hypocrisy. That is not to say that people who work and teach in these schools are not doing a good job, and trying to help their students. But the overall structure is corrupt, and it leads people into debt that can't be discharge in bankruptcy, and oftentimes follows them to the grave. There is a high number of them who drop out, too. Those who do finish, are oftentimes humiliated in job interviews when they learn that potential employers look down their noses at their diplomas. Again, that is not to suggest that folks who go to these schools aren't smart, capable, and educated. There is, however, no doubt that their degrees have a stigma attached to them, and many of them find it difficult to find full-time work.
Here's a snapshot of these folks at Kaplan who come from elite schools (this is just a sampling. For the full list of their "leadership" go here):
Andrew S. Rosen
Position: Chairman and Chief Executive Officer
Education: A.B. Duke University; J.D. Yale University
Position: Chief Administrative Officer
Education: Kaplan Website states, "She is a graduate of Yale University and Columbia Law School, where she was named a Harlan Fiske Stone Scholar."
Position: Chief Learning Officer
Education: Site states, "Saxberg holds a B.A. in Mathematics and a B.S. in Electrical Engineering from the University of Washington. As a Rhodes Scholar, he received an M.A. in Mathematics from Oxford University. He also received a Ph.D. in Electrical Engineering and Computer Science from M.I.T. and an M.D. from Harvard Medical School."
Position: Senior Vice President, Marketing, Kaplan, Inc.
Chairman, Kaplan Educational Foundation
Education: A.B. Brown University
"Assessing the Integrity of Individuals and Institutions Connected to Higher Education," AEM (Aug. 30, 2011)
"Good Riddance to ‘For Profit Colleges,'" Gawker (Aug. 23, 2011)
"Here's something to celebrate! For-profit enrollment plunges!," AEM (Aug. 18, 2011)
"UPDATE: Exclusive Interview - Whistleblower David Goodstein Discusses Victory over Kaplan University" AEM (July 25, 2011)
"UPDATE: BREAKING! Whistleblower David Goodstein Slams Kaplan and Wins!," AEM (July 22, 2011)