Kaplan Universities Gorilla Tactics at Recruiting Students

Steve Eisman, who was featured in Michael Lewis's "The Big Short" as one of the few who foresaw the housing bubble, recently gave a presentation titled "For Profit Education: Subprime Goes to College." Worth flipping through: http://www.scribd.com/doc/32066986/Steve-Eisman-Ira-Sohn-Con...

What do they use? Bananas?

p.s. It's "guerilla".

Gorilla != Guerilla

It would be a good idea to get a confirmation of your withdrawal in writing to avoid problems later.

This is very similar to rebill offers.

The sale is the most important part of the process. Once made, the seller makes it as difficult as possible to leave. LIke Kaplan, some people don't even know they're a customer, until they've acquired a lot of debt.

Here's another recent article about the unsavory practices of Kaplan's for-profit university.

http://www.nytimes.com/2010/11/10/education/10kaplan.html

This is disgusting. The fact they get away with it. But, I sort of see them as an unethical startup...