off i mean i'm pretty sure i wouldn't want to comment on the story either but the industry that brian moran is lobbying for has one big supporter in fact this supporter is trying to replace the current head of the democratic party here in the u.s. that's right brian around the schools will start competing in a school store could be i think they're going to find they can't keep on passing on higher and higher tuition to students and demanding more and more from government in part because it's going to cut back we were beaten we talk about students story money from from the government will give us story money from china motivations the borrowing in this country and stuff we've got to start look at was that i mean. that's why brian around you and mitt romney has something in common you both support for profit colleges the one spending millions to market to veterans so they can get their hands on billions in taxpayer money also leave veterans and other students swimming in debt and with an education that leaves them less employable than their nonprofit counterparts so for using his position as

time for tonight's tools on award and it goes to the head of the democratic party in virginia brian moran he's the man who helped shape the message of the democratic party across the commonwealth of virginia and he's got clout because as we all know this november virginia will be a battleground state between president obama and mitt romney they also have a very close senate race which could even decide who will control the u.s. senate next year but that's not exactly the point of this story you see brian moran also has a second job here's his fancy title executive vice president for the government relations and general counsel of the association of private sector colleges and universities what that really means is around lobbies for those for profit colleges the university of phoenix the strayer's the kaplan universities of the world we've covered for profit colleges many times on the show they've been under the microscope for the high cost and low graduation rate their aggressive marketing and their low quality of education to top it all off not only that turns out they also play a major

senate next year but that's not exactly the point of this story you see brian moran also has a second job here's his fancy title executive vice president for the government relations and general counsel of the association of private sector colleges and universities where that really means is around lobbies for those for profit colleges the university of phoenix the strayer's the kaplan universities of the world we've covered for profit colleges many times on the show they've been under the microscope for the high cost and low graduation rate their aggressive marketing and their low quality of education to top it all off not only that it turns out they also play a major role in student loan debt problem that we have here in the u.s. check this figure out only eleven percent of all college students in the u.s. attend for profit colleges but forty four percent of student loan defaults come from for profit college students and twenty six percent of for profit students who took out between five thousand and ten thousand dollars in student loans and up defaulting that's compared to ten perc