wfo: agreed. Again we have to also remember they have never taken risk in their life. The money they used for GCU was from Dad (and his connects)...totally different information paradigm today vs. 2004. Let's drive this home for sure, the Dream Center crew had NOTHING to do with the actual success of GCU, that is all BM and the UoP management he brought in. If you remember, GCU was actually fined millions under BR/JC for ...wait for it... enrollment practices. In fact, the timeline is pretty clear...judgement with FCC, first non-profit attempt failed...get rid of BR...all of a sudden second attempt success. So yeah, these so called god fearing people fell for the greed, hubris, and false confidence that so many sinners are accused of. Let me go pray in tongues about all this.
This only stops when everyone stops letting these people take advantage. You know when your working for scum and to stick around for as long as some of these people have shows just how much integrity they truly have....however, we should also thank them for sticking around because they are proving how inept and unqualified they truly are. We now are seeing that these people can't get themselves out of a paperbag let alone should have ever been in charge of an institution of higher learning. They rode the wave of ignorance and its catching up, while it s---s for those of us who actually cared about the Mission, unfortunately with for-profit the mission in the catalog vs. board room are never even close to the same.
Let's all rejoice in the fact that most if not all of these hacks are in their twilight, they have cannibalized their own industry so they don't have anywhere to go either...plus who would really want them anyways after the last 10/years of consecutive executive failures across the industry. I still laugh when I see leadership positions that require previous experience....because that is really working out for you guys isn't it, those greasy car salesmen that call themselves campus presidents or directors have really been showing you how great they are at running their business. Heck, they still have employees with titles 'Campus President' when they have chains on their locations..talk about an insult to intelligence...so as you can see we still have some cleaning up to do at the top layer before any true change can occur.