June 23, 2010: President and CEO of Career College Association, A Response to Steve Eisman, at National Press Club
"It is no secret that the career education sector is under attack by short sellers, trial lawyers, self-styled consumer advocates, and some traditional academics. Although they should know better, these critics use anecdotes to generalize and to make sweeping condemnations of our sector. They seize on admittedly flawed government data to make the most extreme statistical arguments. They exploit the same small cadre of so-called third party experts to generate critical comments. And they recycle old news to give currency to new allegations. In short, they twist the truth to serve their self-interest."
August 4, 2010: From Career College Association press release "GAO Report Deemed Deeply Troubling:"
"The Career College Association (CCA) said the recent findings of a Government Accountability Office (GAO) report on admissions and financial aid practices at several private sector colleges and universities is deeply troubling and, notwithstanding multiple safeguards that schools already take, and the oversight provided by the “triad” of federal and state regulators and accrediting bodies, it will institute a series of immediate steps to help its members assure full compliance with regulations and accreditation requirements in all areas.
"Even if the problems cited in the GAO report are limited to a few individuals at a few institutions, we can have zero tolerance for bad behavior,” said CCA President and CEO Harris N. Miller. “As educators, our commitment must always be to put students first, even if that means taking action against individual employees or institutions that color outside the lines. We understand that employees can make mistakes, but it is up to employers to take the set of comprehensive and multifaceted preventative and corrective actions that minimize the risk of such problems and correct those that occur.
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