Accuracy in Media

WASHINGTON, March 8, 2012 – Accuracy in Media’s Center for Investigative Journalism has released a special report exposing The Washington Post Company’s systemic, fraudulent business practices, questionable lobbying actions and predatory recruitment tactics carried out on behalf of their Kaplan Education unit.

“The Washington Post has seen such a decline in newspaper circulation and journalistic business that they have been almost solely reliant on the success of their cash generating education business, Kaplan University,” special report author Rusty Weiss said. “Don Graham has willfully turned a blind eye to allegations of fraudulent business practices, excessive student debt and hardship, and exorbitant executive compensation at the for-profit college. At the same time, Graham has actively engaged in lobbying to help generate profits on the backs of the very students he claims to serve, and also engaged in suspicious stock trading that has greatly benefited his family.”

The AIM investigative report calls on the Post to take a closer look at one of its own corporate holdings.

“The Washington Post remains a supposedly reputable staple of the mainstream print media, yet refuses to report on one of its own. Despite media coverage from many other entities, the Post has failed to report almost any adverse news about Kaplan,” Weiss argued.

The complete special report can be found here.

Rusty Weiss is a freelance journalist focusing on the conservative movement and its political agenda. He has been writing for several years in the upstate New York area, and his writings have appeared in the Daily Caller, American Thinker, FoxNews.com, Big Government, the Times Union, and the Troy Record. He is also the Editor for two major technology newsletters. You can follow him on Twitter @rustyweiss74.

Direct all press inquiries to Logan.Churchwell@aim.org.

 

Accuracy in Media is the leading citizens’ media watchdog whose mission is to promote accuracy, fairness and balance in news reporting. AIM exposes politically motivated media bias, teaches consumers to think critically about their news sources, and holds the mainstream press accountable for its misreporting.  For more information, please visit www.aim.org.

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SUMMARY OF FACTS

  • Kaplan University is a subsidiary of The Washington Post Company, recently valued at over 58 percent of the parent company’s total value.
  • Kaplan University maintains a consistent dropout rate of over 70 percent; while graduates earn well below the national average.
  • The Post Company’s Washington lobbyists have fought to weaken a regulation that keeps Kaplan from receiving more than 90 percent of its income from federal student loan programs.
  • Kaplan aggressively recruits military veterans, since GI Bill and Dept. of Defense funds are exempt from the ’90 percent’ regulation.
  • Kaplan recruiters are encouraged to seek “true pain and fear” advantages over potential students as motivation to enroll.
  • The Post and Kaplan have successfully lobbied for regulations allowing for-profit colleges to a have a student loan default rate of 40 percent per year.
  • Post CEO Donald Graham has openly lobbied Congress to accept regulation changes by threatening tuition hikes on the financially threatened student body.
  • The Graham family has sold over $40 million worth of Washington Post stock since 2008, immediately prior to severe market drops.
  • For a complete explanation of the facts, click here.

Direct all press inquiries to Logan.Churchwell@aim.org.



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