Former President Bill Clinton cashed in to the tune of $17.6 million from Laureate Education, Inc. as the “honorary chancellor” of that institution. In April of 2015, the former president stepped down from his position as “honorary chancellor” of Laureate, the world’s largest for-profit college which, incidentally, is backed by none other than George Soros.
According to NBC News, the stories of fraud emanating from
victimsformer students of Laureate sound hauntingly similar to the ongoing lawsuit over Trump University:
And some two dozen former and current students at Laureate’s flagship school in the U.S. — an online, for-profit school called Walden University — told NBC News they feel victimized by the kind of practices Clinton has promised to fight. A 2015 study found Walden students had compiled the second-highest debt load of any school in the U.S.
“We pursued [our degrees] because we wanted to be successful and not be put in poverty,” said Sondra Beall-Davis, a current PhD candidate at Walden and a former corporate consultant, who now owes over $200,000 in student loan debt incurred during her time at Walden. “Now you’ve taken me from a successful career to poverty.”
Not only did Mrs. Clinton personally benefit from her husband’s lucrative relationship with Laureate, but it appears as Secretary of State she intervened on behalf of the corporation months before they hired the former president for his multi-million dollar deal.