Wednesday, June 23, 2010
Richard Blum, UC Regent invests in for profit diploma mills. He has convinced UC to invest $53 million in shady outfits that prey on the unemployed, the working class and veterans seeking to remake themselves. Diploma mills are highly profitable because they get their students to take on unmanageable in order to earn virtually useless degrees. Blum has a stake in the failure of public Higher Ed. What is he doing on the UC Board of Regents. This news needs to get out -- and Blum needs to step down from his 12 year sinecure.