Political Quotes

On the recordApril 27, 2017
we know what open season means when it comes to these students. Gilbert Caro of Chicago can tell us. He was profiled in the Chicago Tribune article that I mentioned. Gilbert received his master of business administration degree from DeVry University. It is possibly the second largest for-profit college in the United States. He took on nearly $100,000 in debt for his master of business administration degree. He believed that debt was worth it because it was going to unlock the door to a high-paying job and financial security. Do you have any idea what Gilbert Caro is doing now with his DeVry master of business administration degree? He is a prison guard in Joliet, IL. While Gilbert has a good job, he certainly didn't need $100,000 in debt to be a prison guard. It is far from what he was promised by DeVry when he signed up. Gilbert, like so many other students who go to for- profit colleges, was lured in by an amazing marketing campaign, flashy advertisements and empty promises. In 2016, DeVry University, a for-profit school, agreed to a $100 million settlement with the Federal Trade Commission for misleading ``prospective students with ads that touted high employment success rates and income levels upon graduation.'' DeVry is not alone. For-profit college giants like Corinthian and ITT Tech collapsed after they were caught engaging in similar deceptive, disgusting practices.…
Said by
Dick Durbin
Democratic · Illinois
Source
govinfo.gov
Apr 27, 2017

Share

More from Dick Durbin

Aug 29, 2026

Courtrooms handling upwards of 150 respondents in a judge’s morning docket raise serious concerns about whether individuals are receiving a meaningful opportunity to be heard.

durbin.senate.gov
Aug 26, 2026

I secured $1 million in federal funding for Lurie Children’s to help create this community health clinic in Austin and now, that investment comes to life.

durbin.senate.gov
Aug 21, 2026

Today’s news is devastating for the 2,500 skilled union workers impacted by the closure of the Tyson plant in Joslin, especially at a time when American families are struggling with the rising cost of living.

durbin.senate.gov
Aug 17, 2026

More than half of them said, we are in trouble—serious trouble.

durbin.senate.gov

Other voices in this conversation