There is a mention of the Laureate in a single of Hillary Clinton’s emails launched through the Condition Department, reported by Inside Greater Erectile dysfunction. She wrote for an aide that Laureate “should be represented” in a closed-door greater education policy dinner. She described it as being “the quickest-growing college network on the planet,Inches which was “started by Doug Becker, who Bill likes a great deal.Inches That email was submitted 2009, before Bill Clinton’s official role started with Laureate.
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This speaking point traces to information from Peter Schweizer’s book, “Clinton Cash: The Untold Story of Why and how Foreign Government authorities and Companies Assisted Make Bill and Hillary Wealthy.” In a single chapter, in talking about Bill Clinton’s role with Laureate Education, Corporation., Schweizer describes a “Clinton blur” between your activities of Bill Clinton, the Clinton Foundation and Hillary Clinton as secretary of condition. But experts, including Schweizer, haven’t had the ability to prove quid pro quo.
President Bill Clinton was an honorary chancellor of Laureate Worldwide Colleges, which is part of Laureate Education Corporation., from 2010 through 2014. Inside a news release announcing his role, Clinton stated he’d visited Laureate’s schools the last year and located that private universities “exemplify exactly the same concepts of innovation and social responsibility in education that people labored to succeed within my Presidency and today through my [Clinton] Foundation.”
As because of so many claims by Trump and the campaign, we’ve done our part to chase lower any way possible that Laureate might have received $55.two million in the Condition Department under Hillary Clinton, or any proof of quid pro quo. We found none this can be a conflated and inaccurate speaking point. When the campaign really wants to uphold it, they have to provide us with some real information to support it, instead of get rid of a bombastic charge that just isn’t credible. We award Four Pinocchios.
“As Secretary of Condition, Hillary Clinton laundered money to Bill Clinton through Laureate Education, while Bill Clinton was an honorary chairman from the group. Clinton’s Condition Department provided $55.two million in grants or loans to Laureate Education from 2010-2012. Laureate thanked Bill for supplying unbelievable accessibility Secretary of Condition by having to pay him off $16.5 million. This is an additional illustration of how Clinton treated the Condition Department as her very own personal hedge fund, and offered the American public to finance her lavish lifestyle.”
–Donald Trump campaign, email reaction to Hillary Clinton’s speech, June 21, 2016
Trump’s campaign wasn’t raising questions regarding Doug Becker’s role with IYF, or recommending there is more happening behind the curtain than you would think. Rather, Trump’s campaign flat-out said “Hillary Clinton laundered money to Bill Clinton through Laureate Education” and gave $55.two million in grants or loans to Laureate after Laureate hired Bill Clinton for that $16.5 million position.
Experts from the Clintons have conflated IYF and Laureate because of Doug Becker, Laureate’s founder and leader. Also, he may be the chairman of IYF’s 14-member volunteer board of company directors — but Becker’s role is delinquent, and also the two organizations are separate from one another. (Schweizer notes in the book the two organizations once released a youth program together that Bill Clinton supported.)
Did Laureate gain “unbelievable access” towards the Condition Department because of Bill Clinton? We requested both Clinton’s staff and Laureate Education, Corporation., if there have been any plans designed for his role as honorary chancellor regarding access Laureate might have to Hillary Clinton as secretary of condition. Each side stated there have been none.
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Clinton’s primary responsibility was to talk to students at Laureate campuses all over the world, from Poultry to Peru to Malaysia and beyond, concerning the “importance of the lives as youthful people these days,Inches his representative stated. Also, he advised Laureate on youth leadership and growing use of greater education.
It’s a mention of the grants or loans received by another organization: Worldwide Youth Foundation (IYF), a nonprofit that promotes education and employment possibilities for youth all over the world. Since 1999, IYF has gotten grants or loans from USAID, the Condition Department and also the Department at work to aid its various initiatives. IYF received 13 grants or loans from USAID between 2009 and 2013, worth $52 million. Additionally, it received a $30.two million grant in March 2009 which was negotiated underneath the George W. Plant administration, according towards the IYF president. It competed for and it was granted $1.9 million Condition Department grant in March 2012 for any workforce development project.
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Condition Department Spokesperson John Kirby stated inside a statement towards the Fact Checker: “The Condition Department is unaware of any grants or loans provided straight to Laureate Education since 2009, though we know about some grants or loans to educational facilities within or associated with the Laureate Education network.” USAID directed us to Kirby’s statement instead of its very own response.
The scholarships received to students attending individuals schools, and grants or loans received to “promote use of a totally free and open internet and integrate technology in teaching to boost student learning,” Laureate’s representative stated. The majority of the grants or loans were granted between 2013 and 2016, after Hillary Clinton’s term, the representative stated. Three scholarships worth less than $15,000 total were granted between 2010 and 2014.
The Trump campaign sent a number of email and Twitter reactions during Hillary Clinton’s speech attacking his business record, using one of them was this declare that found our attention. As always, the Trump campaign didn’t react to our request supporting information. Throughout his speech the following day attacking Clinton’s record as secretary of condition, Trump repeated the charge that Clinton treated the Condition Department as her “personal hedge fund” without any evidence to support it, either.
Where will the $55.two million figure originate from?
The Pinocchio Test
Rapid answer here’s: Laureate Education Corporation. didn’t receive $55.two million in grants or loans in the Condition Department while Bill Clinton had been compensated by the organization. This speaking point really conflates two organizations that are separate from one another, and it is worth unraveling for the visitors. Therefore we investigated it.
He was compensated $16.5 million between 2010 and 2015, his federal tax returns show.
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Laureate Education Corporation., is really a for-profit greater education company that is the owner of 85 campus-based an internet-based schools all over the world. It mainly works overseas and is called the world’s biggest for-profit education company — bigger than College of Phoenix, which can be a far more familiar name to People in america.
Laureate has partnered with Clinton Global Initiative, an arm of the Clinton Foundation, since 2008. But while Hillary Clinton was secretary of condition, Clinton Global Initiative spun off and incorporated since it’s own entity in addition to the Clinton Foundation, under an ethics agreement between your foundation and also the Federal government.
Trump states Laureate received $55.two million in grants or loans in the Condition Department from 2010 to 2012. We found no proof of direct grants or loans from Condition Department to Laureate in individuals years, or other point during Hillary Clinton’s term as secretary of condition. However, Laureate stated the Condition Department and also the U . s . States Agency for Worldwide Development granted under $1.5 million in grants or loans and scholarships for four of their schools in other nations between 2009 and 2016.
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