[caption id=”attachment_84765″ align=”aligncenter” width=”900″] Associated Press
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The Clinton’s made $16.5 million dollars promoting a large international for-profit college company between 2010 and 2014, according to tax returns released on Friday by Hillary’s campaign.
Bill Clinton served as honorary chancellor of Laureate International Universities, a subsidiary of the privately held, for-profit company Laureate Education, for five years.
Laureate Education is among the world’s largest higher education providers, operating campuses around the globe. Laureate has more than 80 campus-based and online universities, spanning 28 countries throughout North and South America, Europe, Africa, Asia and the Middle East.
Bill stepped down from his position at Laureate in April 2015, shortly after Hillary announced her presidential campaign.
Hillary Clinton, who recently received an endorsement from the second-largest teacher’s union in the country, has argued against government funding for for-profit colleges.
In a questionnaire, the American Teacher’s Federation asked Clinton what the federal government’s role should be in requiring appropriate transparency and accountability from for-profit institutions.
Clinton responded that the government should do a lot more to protect students from for-profit institutions that are exploiting them.
“The government should stop funding colleges where almost no one graduates and where most students accumulate a lot of debt but can’t get the jobs that would allow them to repay their loans,” Clinton said.
Clinton told the union that in the coming months, she would be introducing specific proposals to increase accountability in the for-profit sector.
