The Laureate Group is highly respected, as opposed to the GOP crony for profit scams. The GOP changed laws under W to make them possible...see 60 Minutes report. Bill worked 5 years for that money and Laureate Group is not complaining.
Tell me what it was that Bill Clinton did that would have been worth 16.5 million dollars, Franco? What is it that an "Honorary Chancellor" does?
Walden College has the second highest amount of college student debt amassed of all the colleges in the US and is currently being sued in a class action suit for systematically delaying the graduation of it's students so it can charge more tuition.
Laureate International Universities - Wikipedia, the free encyclopedia
Though former United States President
Bill Clinton's role as a chancellor of Laureate was officially described as "honorary", from 2010 until early 2015, Bill Clinton was paid just short of $16.5 million for his role as honorary chancellor, including $2.5 million in 2011, when Hillary Clinton was still Secretary of State. These numbers were disclosed in his publicly released tax returns.
[19][20][21]
In April 2015, Clinton ended his ties with Laureate amidst ongoing financial problems at four of its six U.S.-based universities.
[22]
Clinton appeared at the Laureate Summit on Youth & Jobs at Universidad Europea de Madrid in 2013,
[23] Universidad Peruana de Ciencias Aplicadas in 2013,
[24]Université Internationale de Casablanca in 2013,
[25] European University Cyprus in 2012,
[26] Universidad del Valle de México in 2012,
[27] Walden University’s 2011 commencement ceremony,
[28] Istanbul Bilgi University in 2010
[29] and
INTI International University in 2010.
[30]
Programs[edit]
Universities in the group teach various subjects at both undergraduate and graduate level. Subjects covered by some of its colleges include design,
[31] business,
[32]culinary and hospitality.
[33]
Operations[edit]
According to the Washington Post, "Laureate is backed by several of the biggest names in finance, including
Henry Kravis,
George Soros,
Steve Cohen and
Paul Allen".
[34] Laureate’s annual revenue is approximately $4 billion.
[34] The company holds $3.5 billion
[35] to $4.7 billion in debt.
[9]
Laureate spends in excess of $200 million per year on advertising, including television commercials, online campaigns and billboards. There have been claims that "Laureate boosts revenue at struggling colleges by turbocharging enrollment, often without a parallel increase in academic investment."
[34]
The Sylvan/Laureate Foundation was created in 1997 as a non-profit foundation to provide education, training and community support.
[36]
Students from many of the network institutions have participated in the
Clinton Global Initiative University, including students from Universidade Anhembi Morumbi, Universidade Potiguar, INTI International College,
INTI International University,
Universidad del Valle de México,
Universidad Peruana de Ciencias Aplicadas,
Universidad Europea de Madrid,
Istanbul Bilgi University,
Stamford International University,
Walden University,
Université Internationale de Casablanca,
National Hispanic University, and
Universidade Salvador.
[37][38]
Laureate has schools in Turkey and Chile, even though for-profit schools are banned
