I'd be ashamed for anybody to know that I was dumb enough to spend any money on a scam like that.

In fact they get NONE. By design. A simple one semester course in high school, on mortgages and other loans might teach kids how to deal with these financial instruments, but of course that would be detrimental to the powers that be, so we can't have that.

It should be illegal to allow an 18 year old to sign up for $40,000-240,000 worth of debt. When we know they don't understand the consequences. DISGUSTING that we allow this to happen.

Capital letters intended!

Robert Guillo, 75
Nora Hann, 62

others seem older too.

I agree. I'd be in favor of a law banning people under 25 from having any more than 1/2 of their annual income in debt at any given time. This would prevent the banks from their predatory ways.

I was just ranting about how we can tell an 18 year old kid that he has to sign a piece of paper in order to go to college and get a better life or rot, then he has to pay for it for the next 30 years. And we changed the bankruptcy laws so that this is the one kind of loan that can't be absolved should circumstances change. And we did it without instituting a mandatory financial responsibility/knowledge class in high school. It is CRIMINAL!

But these "students" were not all kids.

One of the complainants was seventy five years old!!!

If you have arrived at the ripe old age of 75 and you are financially secure enough to piss away thousands of dollars on something as patently bogus as "Trump University", then you are not deserving of my sympathy. I can say that because I just turned 74 and if I did that my wife and kids would have me committed.

consumer education for high school seniors. They cover all those things.

I sub sometimes. Last year, I volunteered on one of the days they ran workshops for the kids. They were given a checkbook, a dollar amount, and asked to come up with a monthly budget.

The kids learn about insurance, credit cards, bank loans, etc. I love it that we are doing this for our kids in Illinois. We parents need to educate our own children, too.

I really wish I had gotten it when I was a teen. Good for Illinois, they are doing a great service for their youngsters!

and he is also running wildly ahead as a 100% asshole.

and these people are surely some of them. Trump University? Good grief.

after the first workshop he knew he had been scammed - then he went to MORE? Did he think he'd get less scammed as it went on? Or just used to the scam?

Buddy, I got a nice bridge to sell ya. Gen-u-wine antique. Great conversation starter.

crime a - is the criminal Trump...same was said of Madoff's investors as you say.. Scam artists are called artists for a reason.

The Trump method: First -- and this is important -- inherit a yuuge fortune. Next, ...

but isn't that the definition of a business school?

If they really knew anything, would they be selling you the information?

No, they'd use it themselves.

And many non-higher ed money grubbing purveyors follow a similar model.

You could drop tens of thousands on some of them. And they never tell
you how to make the money. They just keep you drooling and forking over.

Hope these lawsuits are the start of a trend.

There's a saying in New York - Sell the sizzle, not the steak.

Trump - The Wharton School of the University of Pennsylvania
Bush - Harvard Business School

Neither of them felt ripped off, as far as I know.

and this is the guy who is leading in all the presidential polls, even against the Democratic candidates.

God help us!

scam like this, and too many people either have absolutely no BS meter at all, or simply ignore it.

I have an acquaintance who got sucked into some scheme that involved buying foreclosures. I tried to tell her that she was being ripped off, but she didn't want to hear it. Haven't been in touch with her for several years -- we weren't all that close to begin with -- and I'm quite hesitant to try to reach out. But she was taking some kind of courses, and paying money for lists of homes coming up for foreclosure, and paying more money to be "mentored". A total waste, but she couldn't see it.

from way back.
But what amuses me is that he has Freeper-style right wingers so beguiled.
It's as if they have given up on the process of hope and are happy to settle for the mouth over any substance.

NT

so how could this be? I am sorry for those students who got sucked in by his name in gold lights