There is something quite satisfying about this ruling - a judge ruled that the founder of FastTrain, Alejandro Amor, was guilty of stealing money via federal loans his school received ($35 million). FastTrain was a proprietary school in Florida, but closed in 2012. 3 other employees before Amor were also sentenced to jail time. While it's true that this sort of ruling is unusual, I'd also say it's promising.
It also suggests to me that raising hell about these schools and their practices is making a difference.
Sometimes public outrage pays off.
A non-profit organization dedicated to the eradication of all student loan debt through activism, education, and legislation; because student loan debt is dangerous to the US economy and to the health and well-being of individual Americans and their families. CRYN JOHANNSEN, Founder & Executive Director
4 comments:
Excellent news! Keep the public outrage machine going!
Speaking of the absurdities of the "for-profit" stuff, I just found this... http://www.cracked.com/personal-experiences-2246-i-teach-at-for-profit-college-heres-why-its-scam.html
By the way, Cryn, hi there! I don't know if you remember me or not; I wrote to you via email over a year ago, if only to say how much I liked your cause and appreciated what you were doing (and I still do). Keep up the great work!
Also, I have a question: If I get a copy of your book, is there any way I can get it autographed by you?
-Craug
Craig - did I respond to your email? If I didn't I apologize. I'd be happy to sign a copy of my book! Thanks for the kind words, too.
With all of the news of debtors being arrested for defaulting, it's high time we start putting away the people who are equally if not more responsible for this disaster!
-B
Cryn,
Hi again! I don't know if you got the last email I ever sent you (it was something which I sent back on January 23 of this year, merely asking if I could share some stuff with you). Check your inbox again, I just sent you a new message. Wait, do you have both Yahoo and Gmail? Let me try both...
Sincerely,
Craig
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