Mittens Loves Full Sail University: His Son Does Business With The Owners
The Republic Report continues to do an excellent job in ferreting out the many conflicts of interest between politicians and their support for for-profit colleges. This one's especially interesting because Lee Fang tells us Tagg Romney is involved with the private equity firm behind Full Sail University:
When asked about his plan for higher education, Mitt Romney has taken to endorsing the for-profit higher education industry, even singling out a specific college business, Full Sail University. When speaking with a local newspaper before the Iowa caucus, he volunteeredFull Sail and other for-profit colleges as an answer to the rising costs of college tuition. He has also suggested Full Sail when speaking to college students in both New Hampshire.
Full Sail, like many for-profit colleges, is an odd choice for a conservative. These schools depend on billions in taxpayer aid, much of it wasted on advertisements and bonuses for executives. And as many have demonstrated, companies like Full Sail have a less than stellar track record when it comes to future employment and debt for their students.
As the New York Times pointed out, Full Sail is owned by a private equity firm called TA Associates, which is run by C. Kevin Landry, a major donor to Mitt Romneys super PAC. According to Bloomberg News, Landry has now given $100,000 to Restore Our Future, the pro-Romney super PAC blanketing the airwaves in Republican primary states.
http://crooksandliars.com/susie-madrak/why-mittens-loves-full-sail-universit