Student Loan Scandal…Again

Posted by mike on May 16, 2007 in General Musings, Higher Education |

I’ve been looking all over the Internet for a list of schools under investigation by the NYS Attorney General, Andrew Cuomo. It is impossible to find.

So I pieced together a list of schools from the NYS Attorney General’s Press Releases. Here is a list of schools being investigated in the Student Loan Scandal (in some fashion)

  • Baylor University
  • Boston University
  • Capella University
  • Career Education Corporation
  • City College
  • Clemson University
  • Columbia University
  • DeVry University
  • Dowling College
  • Drexel University
  • Duquesne University
  • Fordham University
  • Grazidio School of Business
  • Iona College
  • James Madison University
  • Johns Hopkins University
  • Juilliard School
  • Le Moyne College
  • Long Island University
  • Lewis & Clark College
  • Manhattan College
  • Manhattanville College
  • Marist College
  • Mercy College
  • Molloy College
  • New York Institute of Technology
  • New York University
  • Niagara University
  • Old Dominion University
  • Pace University
  • Pepperdine University
  • Pratt Institute
  • Salve Regina University
  • San Jose State University
  • St. Lawrence University
  • St. John’s University
  • State University of New York Colleges & Universities (29 Total)
    • Specifically Mentioned: Buffalo, Cortland, Fredonia, Upstate Medical Center
  • Syracuse University
  • Texas Christian University
  • University of California – Riverside
  • University of Illinois
  • University of Mississippi
  • University of Pennsylvania
  • University of Southern California
  • University of Texas
  • Washington University – St. Louis
  • Widener University

I suggest you seriously reconsider taking any courses from these schools. How can an institution of higher education provide a sound education when internal ethics are severely compromised by conflicts of interest, bribery, theft, and collusion?

Ethics and honesty are important in education. It is the cornerstone of a quality education and the dream of every parent to see their children exude honesty and ethics each day. This is a shameful display for so-called thinkers and leaders to provide.

On a related aside, people often ask me about my experiences at University of Phoenix. One thing is for sure, the sheer size and massive educational impact of University of Phoenix makes it a popular target for investigations of many kinds. You don’t see University of Phoenix on this list though, do you? The amount of scrutiny that UOP endures helps provide checks and balances keeping the education, faculty, students, staff, and administration all providing a quality, ethical, practitioner-leader, and important education for over 300,000 students.

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2 Comments

  • Bob Olds says:

    Dear Mike…I attended Molloy College in N.Y. about ten years ago.Every dime of my federal loan money never made it to my account for school.They threatened to throw me out unless I paid so I put it on my credit card.No loan money ever showed up for reimbursement though the lender claims it was sent.The loan at the time was for 12 grand. I have been fighting a loosing battle with this behemoth for over ten years. It has now balooned to over 30 grand with interest etc. The Feds are garnishing my tax returns as of late. I make a little above minimum wage today and I am in basic financial ruin thanks to Molloy College. Thanks for the interesting reading. Maybe someday higher education will mean just that without the hungry dogs on the other side of the door….Bob

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  • mike says:

    Bob,

    First, thanks for coming by the Doc Blog. I know it has been some time since your comment but your thoughts are dead on the mark.

    Schools exist in a paradigm of exerting influence over students. On one side, they market this influence as the necessary education for a successful life. Which is undoubtedly true for most people. However, they suspend this belief or understanding when it is in the best interest of the institution or simply the easier road for themselves. However, the influence is still life changing.

    Your case is a perfect example of how important a school’s decision is for students. Where something so good went so terribly wrong. Worse, it likely has spoiled your view on the importance of education and heightened your fears that all schools are out to get paid first and educate if the mood strikes.

    I’ve been there and looking back, after reading your story, realize that I might have been mislead costing me a small fortune based on a lack of understanding by Bachelor’s degree institution or because they wanted things to be easy and mine was an unusual case.

    Bob, I wish you the most luck in fighting for what you (and I) believe is right; the apology and restoration of your credit and faith in education. It is a terrible thing when schools, like Molloy College, abuse the power they are given.

    Mike

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