Obama targets fradulent loan marketing aimed at military
April 27th, 2012
11:00 AM ET
2 years ago

Obama targets fradulent loan marketing aimed at military

(CNN) - President Barack Obama wants to crack down on for profit colleges his administration says deceptively recruit post-9/11 veterans with false promises of lucrative careers.

The president will travel to Ft. Stewart in Georgia Friday where he will unveil a new executive order aimed at forcing schools to be more transparent in their recruitment and marketing efforts.

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Filed under: Military • President Obama
soundoff (10 Responses)
  1. The Real Truth and Nothing But Real Truth

    So Obama has fundamentally transformed America from a land governed by the rule of law to a land ruled by Executive Order? This leftist clown is now acting like his buddy Hugo Chavez. This country has entered a very dangerous place.

    April 27, 2012 11:30 am at 11:30 am |
  2. Alex Cole

    God speed Mr.President

    April 27, 2012 11:35 am at 11:35 am |
  3. Rudy NYC

    I must be missing something. I remember when combat vets had their college tuitions, books and fees paid for in full.. Which administration stopped that practice? Oh yeah, the last Bush administration. It is also my understanding that the United States Post Office is the single largest employer of military veterans. For no other reason, we must keep it alive.

    April 27, 2012 11:35 am at 11:35 am |
  4. David

    Too much fraud exists in how for-profits institutions market their job placement results. This is long needed.

    April 27, 2012 11:47 am at 11:47 am |
  5. Dominican mama 4 Obama (the real one)

    Rudy NYC

    I must be missing something. I remember when combat vets had their college tuitions, books and fees paid for in full.. Which administration stopped that practice? Oh yeah, the last Bush administration
    -------------------------------------------------
    Your comment bears repeating.

    April 27, 2012 11:55 am at 11:55 am |
  6. NotFooledByDistractions

    Go for it Mr. President. You're doing what's right, good, and decent – all things completely antithetical to the values of todays republican party.

    April 27, 2012 11:56 am at 11:56 am |
  7. John, PA

    We only have to suffer 194 more days of the dictator president unveiling new executive orders.

    Romney will clean this up with 1 executive order abolishing all of Obamas executive orders on January 20, 2013.

    April 27, 2012 12:06 pm at 12:06 pm |
  8. chucky1169469

    Good luck with that John, PA. You should start building that underground bunker. Obama aint going anywhere.

    April 27, 2012 12:17 pm at 12:17 pm |
  9. Novote4republicansin2012

    Obama is right. I've seen these crooked PayDay Loan markets targeting the military personnel back in 1994 and became out of control in 2007. This has got to stop. I am glad Obama mentioned this to the public. Romeny didn't at all. Romney never talks about improving the economy, ideas for our country's growth, education, healthcare, technology. Romney always talks about negative, says the wrong things, and alienates people.

    April 27, 2012 12:21 pm at 12:21 pm |
  10. GI Joe

    Romney has secret ideas to improve the U.S. – he won't tell us what they are until after he is elected. Then he'll scramble around and try to think of something ......................ANYTHING.

    April 27, 2012 12:31 pm at 12:31 pm |