Category: college scam

Book Review: ‘The College Scam: How America’s Universities Are Bankrupting and Brainwashing Away the Future of America’s Youth’ 

The idea that college is a scam and not worth the steep price has been hotly debated for years. Now, it is in the forefront of the news with Biden’s new student loan forgiveness plan. Many people believe that the plan is morally and fiscally wrong. Canceling student debt will not stop universities from charging…


Former TPG Capital Exec Gets 3 Months in Prison Over US College Scam

BOSTON—A former senior executive at private equity firm TPG Capital was sentenced on Wednesday to three months in prison for participating in a vast U.S. college admissions fraud scheme by paying $50,000 to rig his son’s college entrance exam results. Prosecutors said Bill McGlashan, the former managing partner of TPG Growth and co-founder of The…